CFA® L1 — Derivatives
Forwards, futures, options, swaps — the mechanics, the pricing intuition, and the hedging applications.
Quick info
- Layer
- Professional Certifications
- Track
- CFA® Level 1
- Estimated hours
- 25 hrs
- Chapters
- 1
- Exam body
- CFA Institute
- Cost on Trustner
- Free
Every chapter below has Foundation, Deep Dive, and Advanced material — read in any order, expand each chapter to see the full content.
About this course
Derivatives at CFA L1: forwards, futures, options, swaps. Mechanics, pricing intuition, hedging applications. ~5-8% of L1 weight.
Who this is for
- CFA L1 candidates.
- Risk management and trading professionals.
What you'll learn
- Forwards, futures, options, swaps differences
- Pricing intuition — cost-of-carry, replication, arbitrage
- Option payoffs and basic strategies
- Hedging and speculation applications
Course material — 1 chapters
Each chapter offers three tiers — Foundation for the core concept, Deep Dive for worked examples and practitioner depth, and Advanced for edge cases and exam tips. Click any chapter to expand.
About the exam
- Provider
- CFA Institute
Note: ~5-8% of CFA L1 weight.
The exam is administered by CFA Institute. Trustner Academy is not affiliated with CFA Institute; we provide independent preparatory educational material. See our disclaimer.
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