Demystifying FX TARNs: From Pricing Challenges to Risk Management
Why Attend
Major shifts are reshaping FX markets—from technological advancements and heightened market volatility to the rising prominence of structured products. This webinar is your opportunity to stay ahead in this evolving landscape.
Join Anirban Chakraborty, Financial Engineer, Numerix as he demystifies FX TARNs. Gain valuable insights into their applications, explore the unique pricing challenges they present, and delve into the intricacies of its risk management. During the webinar, Anirban will also showcase Numerix's approach to navigating this structure effectively.
Presenter
Anirban Chakraborty
Financial Engineer, Numerix
Date
April 30th at 10:00 AM HKT
FX Target Accrual Redemption Notes (TARNs) have been a staple in financial markets since their inception in the early 2000s. These products were designed to provide investors with structured products that combine high return potential with effective risk management, achieved through well-defined accrual and redemption mechanisms. Over time, they have evolved alongside innovations in financial engineering and technology, becoming a popular tool in the FX markets for both hedging and leveraged investment purposes.
Join our webinar for expert insights and hands-on demonstrations designed to equip you with actionable strategies for leveraging FX TARNs to manage risks and optimize returns in today’s volatile markets. Whether you’re a corporate treasurer, institutional investor, or trading professional, this event is designed to deliver valuable, practical takeaways tailored to your needs.
In this webinar, you will:
- Learn the mechanics of FX TARNs, including accrual structures, knockout features, and capped payouts.
- Explore pricing dynamics, factoring in market volatility and interest rate differentials.
- Assess the risk/reward balance, understanding yield enhancement versus potential risks like knockout features.
- See live demonstrations of innovative variations, such as FX Pivot and Target Exact Knock-Out (KO) Forward.
Discover how these structured products can optimize risk management and returns.
Featured Speakers
Anirban Chakraborty
Anirban joined Numerix in 2022 and is based out of its Singapore office. As a Financial Engineer, he helps clients by developing financial solutions, with a focus on FX and IR asset classes. Prior to joining Numerix, he gained valuable insights into cross asset market dynamics through his work in Fixed Income Research and Algorithmic Trading Risk. Anirban holds a master’s degree in quantitative finance from SMU, Singapore and a bachelor’s in engineering from IIT Dhanbad.
Udi Sela
Udi Sela has been active in foreign exchange derivatives markets for over 25 years. As a senior derivatives trader and trading manager at Citibank and JPMorgan, he developed expertise in derivatives spanning both vanilla and complex FX options. After his trading career, he has led product development, pre-sales and business development functions within a range of financial software vendors. Mr. Sela is currently responsible for product and field marketing at Numerix.
