Be aware of the great risk involved in speculating in certain financial products.
Know the different risks that can be assumed.
Understand what is a future and a forward, as well as the difference between both.
Understand what an option is, as well as how it differs from futures/forwards.
Understand what a swap, a CAP and FLOOR is.
Know how to use derivatives in hedging and speculation operations.
Know how organised markets work where this sort of financial product is traded.
Know that option prices must comply with certain limits and relations between them.
Understand what structured products are, what they have to offer investors and how they are built.
Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (MiDIF II) and Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments (MiFIR)
Risk transfer: Diversifiable (specific) and undiversifiable risks.
Risk management with derivative instruments. (systematic)
Types of financial risks: market, credit and liquidity risks.