Telestrat is a worldwide leader in continuing legal education (CLE) courses. Our Telestrat MBA Seminar Series has brought the world of finance, accounting, and business strategy to lawyers in the U.S., Europe, and Asia.

In-House Training

Stocks, Bonds & Derivatives for Lawyers

Attorneys play a vital role in capital formation and deal structuring for companies of all sizes. This course is designed to offer attorneys a better understanding of the financial instruments they help structure. Topics covered will include: stocks, bonds, options, futures, and currency markets. The course will also introduce basic concepts of arbitrage in a manner that requires no mathematical background. Additionally, the course will explore these concepts in the context of real cases drawn from recent transactions.

Schedule

1. Background on Securities - 60 Min.

  • Capital Formation
  • Securities’ Classes
  • Securities and Hedging

2. Stocks - 60 Min.

  • Structure
  • Valuation
  • Volatility Measures
  • Bid/Ask
  • Pricing

3. Bonds - 60 Min.

  • Structure
  • Valuation
  • Debentures
  • Coupon vs. Yield
  • Fixed vs. Floating
  • High Yield Debt
  • Pricing

4. Lunch (on your own) - 60 Min.

5. Options - 60 Min.

  • Structure
  • Calls vs. Puts
  • Options in Hedging
  • Black-Scholes Model
  • Pricing

6. Futures - 60 Min.

  • Commodities
  • Cost of Carry
  • Exchanges
  • Fair Value
  • Pricing

7. Currency - 30 Min.

  • Currency Options
  • Economic Influences
  • Pricing

8. Arbitrage - 30 Min.

  • Option Arbitrage
  • Currency Arbitrage
  • Merger Arbitrage
  • Index Arbitrage
  • Pricing

9. Ethical Implications of Insider Trading - 60 Min.

  • Insider Trading Defined
  • Costs Involved
  • Parties Responsible