e-Camp Millionaire Level 6 (Basic Options & Futures)
Unit price per
Derivative Trading is becoming increasingly popular. It allows investors to benefit significantly without large capital expenditures. Start your journey in Derivative Trading in this simplified course.
What will you learn?
To begin this course, students are taught about foreign exchange, or Forex, as they learn about what forex is, how it works and how exchange rates are calculated. Additionally, this course explores why companies use and engage in foreign exchange while identifying some of the major markets where this practice occurs.
Then, to further solidify the concept of forex for students in this program, this course discusses and differentiates between three types of forex markets: spot, futures, and forwards. To finish giving students a base understanding of forex, this program then continues by providing a glimpse into the realities of a forex trader and forex contracts.
Subsequently, learners are then introduced to the concept of Derivatives, as they are guided on a journey to understand what derivatives are, and why people use them - including some examples to help students grasp the concept firmly.
Furthermore, students will learn about the concepts of hedging and arbitrage in this chapter as well before returning back to the general subject of derivatives and being exposed to more about the different types of derivatives - such as futures and commodity derivatives.
Students will gather an appreciation for the concept of swaps, including details about particular types of swaps like currency swaps and interest rate swaps.
General Course Information
Class Size: Max. 20 students
Class Length: 5 hours
Prerequisite: e-Camp Millionaire Level 5
Our online e-courses have live instruction on either Zoom or Google Meet. Details will be sent to you after your purchase.
We offer in-person courses across Greater Toronto Area. (Note: some locations listed on the map may not be availlable for this course.)
Our standard of excellence
Voted top educational program in Canada.
Featured in BBC, Global, CTV, Breakfast TV, CBC and more.
Be better than the best
As students advance through the grades of ExplorerHop financial education courses, they develop industry level skills and strategies. In Level 5 of the Camp Millionaire series, students are taught at a 3rd-year university level. In Level 8 they utilize concepts that are taught at a Masters level.
When a student completes an entire ExplorerHop course series, they are equipped with the knowledge of a strong industry professional.
Make a difference to your family
ExplorerHop students learn how to plan for their future. Early financial literacy empowers children to understand and challenge how the world works. When your child understands the value of money, they can begin actualizing practical ways to grow it.
What is the app?
Many of our courses offer the choice to purchase a supplementary app. The app is an engaging online learning module designed for your child. Each stage of the module offers exclusive content and interactive games that will help your child progress through the course. With the app your child will have access to these resources at all times, allowing for additional learning and support between classes. The app is offered through Canvas, and the student will be set up after starting the course.
If you want your child to squeeze the most out of this experience, the app is a must-have!
Duke of Edinburgh's Award
Earn Duke of Edinburgh's hours
Bronze for students ages 14+ - 13 weeks
Silver for students ages 15+ - 26 weeks
Gold for students ages 16+ - 52 weeks
Scouts Canada badges
Earn Scouts badges:
Scouts Canada is a Canadian Scouting association providing programs for young people, aged 5 to 26, with the stated aim "to help develop well rounded youth, better prepared for success in the world."