Derivatives are complex financial instruments. Level I contains a brief overview but Level II contains a lot more on this interesting but complex topic. The following article written in Bloomberg today uses several of the key concepts related to this particular area which have been explained well in the curriculum. Level I and Level II candidates would find an application of their knowledge through reading this article.
Read the article: http://www.bloomberg.com/news/2012-02-29/goldman-mirrors-jpmorgan-mirrors-goldman-on-swap-exposure-to-european-debt.html
Read the article: http://www.bloomberg.com/news/2012-02-29/goldman-mirrors-jpmorgan-mirrors-goldman-on-swap-exposure-to-european-debt.html
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