Korea Derivatives Investment Advisor case studies
Korea Derivatives Investment Advisor · Put your knowledge to work in context.
The 파생상품투자권유자문인력 (Derivatives Investment Advisor) is one of Korea's licensed financial-investment professional qualifications, aimed at people who advise retail and institutional clients on derivative products - futures, options, swaps and structured exposures - and who recommend or intermediate those products. It is typically pursued by bank, securities and asset-management staff moving into derivatives sales, private banking, or product advisory roles, and by candidates building a compliance-aware sales career. The Korea Derivatives Investment Advisor case studies are 5 cases and about 4,845 words.
1A 71-Year-Old Retiree, a 2x Inverse ETN, and a 20 Million Won Credit Line
Kim Jeong-ho, 71, holds 320 million KRW of financial assets at Hanbit Securities: 150 million in an individual retirement pension (IRP) account invested in a bond fund, 120 million in a one-year time deposit, and 50 million in a balanced fund. He has never opened a derivatives account and has no futures or options experience.
909 words, about 5 min2KakaoTalk Signal Room, an Unlicensed Advisor, and a PB's Side Payment
An open chat room called 'Choi's KOSPI200 Futures Signals' has 1,400 members. Choi holds no financial investment licence.
1,046 words, about 5 min3June KOSPI200 Basis: Direct Basket, ETF Route, and the Options-Implied Forward
On 12 March the KOSPI200 closes at 352.40. The June KOSPI200 futures contract, which expires in 78 days, settles at 355.10; the multiplier is 250,000 KRW.
965 words, about 5 min4Cutting Beta from 1.18 to 0.85 - and the Margin Call Three Weeks Later
The KOSPI200 Blue-Chip Focus Fund runs a 60 billion KRW long-only equity portfolio with an estimated beta of 1.18 against the KOSPI200. The manager expects a turbulent three months around the June election but does not want to sell stocks, for tax and market-impact reasons.
909 words, about 5 min5Worst-of Step-Down ELS: Autocall, the 45% Barrier Cliff, and Fair Value at Issue
A bank branch sells investor Seo, 58, a three-year, three-underlying worst-of step-down ELS for 100 million KRW. The note pays 6.50% per annum, simple, paid on redemption, and autocalls on any quarterly observation if the worst-of the three underlyings is at or above a step-down level: 90% at months 6 and 9, then 85%, 80%, 75%, 70%, and 65% at month 36.
1,016 words, about 5 min