On successful completion of the course unit students will be familiar with different ranges of financial derivatives and their markets, understand how the financial derivatives are priced and hedged, and demonstrate how they can be used as a investment and hedging vehicles. The course of futures and options covers mechanics, functions, pricing, and hedging of these products. Students are required to make one presentation and write assignment and take two exams for this course.

On successful completion of the course unit students will be familiar with different ranges of financial derivatives and their markets, understand how the financial derivatives are priced and hedged, and demonstrate how they can be used as a investment and hedging vehicles. The course of futures and options covers mechanics, functions, pricing, and hedging of these products. Students are required to make one presentation and write assignment and take two exams for this course.

課程由期貨發展源由開始，接著討論期貨與遠期交易之不同，進而讓同學瞭解期貨交易所、期貨交易之運作、期貨契約之內容、期貨委託單的種類及其不同。當學生有了初步的瞭解，即開始進行模擬期貨交易，俾使學生除了理論之外，更能有機會實際體會期貨交易。期貨及選擇權在不同的情況下的各種交易策略也將陸續在課程中討論。進行模擬期貨交易之後，課程中會介紹各種技術分析的方法，並予模擬交易結合，要求學生學期結束繳交報告。本課程期望學生不僅是理論，其他如實際的交易技巧及技術分析各也都有機會學習。

The course begins with the origins of futures development, and then discusses the differences between futures and forward trading, allowing students to understand futures exchanges, the operation of futures trading, the content of futures contracts, and the types and differences of futures orders. When students have a preliminary understanding, they will start to simulate futures trading, so that in addition to theory, students can have the opportunity to actually experience futures trading. Various trading strategies for futures and options under different circumstances will also be discussed in the course. After conducting simulated futures trading, various technical analysis methods will be introduced in the course and combined with simulated trading, and students will be required to submit reports at the end of the semester. This course expects students to have the opportunity to learn not only theory, but also other aspects such as practical trading skills and technical analysis.

Hull J. C., 2018, “Options, Futures, and Other Derivatives”, Nineth Edition, Prentice-Hall, ISBN-10:1-292-21289-6

Hull J. C., 2018, “Options, Futures, and Other Derivatives”, Nineth Edition, Prentice-Hall, ISBN-10:1-292-21289-6