金融市场与产品是FRM一级考试科目,占比30%,因此,是考生备考中的重中之重,一定要认真对待。那么,金融市场与产品在2022年FRM考试中有何变化?

FRM一级金融市场产品科目2022年考纲相对于2021年考纲总体变动不大,略有修改。其中总共有4处删除,2处新增。考纲修改内容较多,共达9处,但也无实质性内容变化。》》》2022年新版FRM一二级内部资料免·费领取!【精华版】

1、Chapter 3. Fund Management

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c. Explain the concept of net asset value (NAV) of an open-end mutual fund and how it relates to share price.

2、Chapter 4. Introduction to Derivatives

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c. Calculate and compare the payoffs from speculative strategies involving.

3、Chapter 5. Exchanges and OTC Markets

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f. Identify the classes of derivative securities and explain the risk associated with them.

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e. Describe process of buying stock on margin without using CCP and calculate margin requirements.

4、Chapter 6. Central Clearing

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f. Compare netting in bilateral markets vs centrally cleared.

5、Futures Markets

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f. Describe and compare different trading order types.

6、Chapter 8. Using Futures for Hedging

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c. Define and calculate the basis, discuss various sources of basis risk, and explain how basis risks arise when hedging with futures.

7、Chapter 5. Exchanges and OTC Markets扫码咨询

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a. Differentiate between investmentand consumption assets.

h. Calculate a forward foreign exchange rate using the interest rate parity relationship.

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a. Define and describe financial assets.

8、Chapter 11. Commodity Forwards and Futures

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i. Compare the lease rate with the convenience yield.

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j. Explain the impact of systematic and nonsystematic risk on current futures prices and expected future spot prices.

9、Chapter 12. Options Markets

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a. Describe the various types and uses of options, define moneyness.

10、Chapter 17. Corporate Bonds

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a. Describe different characteristics of bonds such as issuer, maturity, interest rate, and collateral.

11、Chapter 18. Mortgages and Mortgage-Backed Securities

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h. Describe the mortgage prepayment option and factors that affect it,

12、Chapter 19. Interest Rate Futures

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j. Explain how Eurodollar futures can be used to extend the LIBOR zero curve.

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