Nordic Fixed Income Derivatives are traded and cleared in a unique market structure. Trades in fixed income derivatives are reached through bilateral negotiations between buyers and sellers, and reported to NASDAQ OMX Derivatives Markets for central counterparty clearing. NASDAQ OMX Derivatives Markets becomes the counterparty to both the buyer and seller, . central counterparty (CCP) clearing. This structure combines the advantages of a cleared market, with the flexibility and the secured liquidity of a market maker driven market | Book 5 - Fixed Income and Derivatives Readings and Learning Outcome Statements 3 Study Session 14 Fixed Income Investments Valuation Concepts 9 Study Session 15 - Fixed Income Investments Structured Securities 96 Self-Test - Fixed Income Investments 180 Study Session 16 Derivative Investments Forwards and Futures 183 Study Session 17 - Derivative Investments Options Swaps and Interest Rate and Credit Derivatives 232 Self-Test Derivative Investments 325 Formulas 328 Index 333 If this book does not have a front and back cover it was distributed without permission of Schweser a Division of Kaplan Inc. and is in direct violation of global copyright laws. Your assistance in pursuing potential violators of this law is greatly appreciated. Required CFA Institute disclaimer CFA and Chartered Financial Analyst are trademarks owned by CFA Institute. CFA Institute formerly the Association for Investment Management and Research does not endorse promote review or warrant the accuracy of the products or services offered by Schweser Study Program . Certain materials contained within this text are the copyrighted property of CFA Institute. The following is the copyright disclosure for these materials Copyright 2008 CFA Institute. Reproduced and republished from 2008 Learning Outcome Statements Level 3 questions from CFA Program Materials CFA Institute Standards of Professional Conduct and CFA Institute s Global Investment Performance Standards with permission from CFA Institute. All Rights Reserved. These materials may not be copied without written permission from the author. The unauthorized duplication of these notes is a violation of global copyright laws and the CFA Institute Code of Ethics. Your assistance in pursuing potential violators of this law is greatly appreciated. Disclaimer The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2008 CFA Level 2 Study Guide. The information contained in these Notes covers .