The Quantitative Trader Certificate (QTC), Starts October 2021

The Quantitative Trader Certificate (QTC)

BROCHURE

Next Start Date: October 2021

The world of trading is constantly changing. The markets turn from bull to bear and back again. New assets, such as cryptocurrencies, emerge. All assets crash, rally, then wax and wane. Financial innovators introduce new derivative products. Politics and economics, micro- and macro-, find their reflections in financial markets. In response to all this, regulators adjust the rules of the game.

How do you stay on top?

As pointed out by Jack Schwager, “The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless.” Marty Schwartz seconds him: “My attitude is that I always want to be better prepared than someone I’m competing against. The way I prepare myself is by doing my work each night.”

This course was designed especially to prepare you for your career in trading.

Michael Carr: “Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.”

SIX MONTH QUALIFICATION

24 lecture weeks live in London or globally online.

10-12 hours per week. 2 – 3 hours lectures.

Module Assignments and Final Examination

Course Syllabus:

Module 1: Finance

  • Time value of money
  • Cashflows and asset holdings
  • Interest rates
  • Risk and return
  • Portfolio theory
  • The CAPM and APT
  • Efficient markets
  • Regulation

Module 2: Equities and technical analysis

  • Trading and investing
  • Anatomy and lifecycle of a trade
  • Liquidity, price, and leverage
  • Primary and Secondary Markets
  • Corporate actions
  • Fundamental analysis
  • Investment strategies and tactics
  • Technical analysis

Module 3: Fixed income, credit, and market microstructure

  • Fixed income securities
  • Yield curve analysis
  • Spot rates and forward rates
  • Day count conventions and accrued interest
  • Relative value analysis
  • Interest rate swaps
  • Credit
  • Market microstructure

Module 4: Foreign exchange, macroeconomics, and alternative data

  • The foreign exchange spot market
  • Foreign exchange forwards and futures
  • Foreign exchange options
  • The economics of exchange rates and international trade
  • Fundamental analysis
  • Trading the news
  • Alternative data
  • Backtesting

Module 5: Cryptocurrencies and blockchain

  • Digital money
  • Cryptography
  • Cryptocurrencies
  • Digital tokens
  • Blockchain technology
  • Initial coin offerings
  • Investing
  • Cryptocurrency exchanges

Module 6: Derivatives

  • Forward and futures contracts
  • Options
  • The Black-Scholes-Merton framework
  • The “Greeks”
  • Volatility
  • Monte Carlo methods
  • Finite difference methods
  • Derivatives trading strategies