Introduction to Futures and its Benefits to Retail Traders
Seminar Fee: $35* / *Early bird price valid until 3 March 2020 (U.P. $40)
Futures contracts are one of the most important financial innovations in history – but they are often misunderstood.
Discover from a practitioner, in this 3-hour session, the historical evolution of futures contract – how it was traded on the trading floor till its transformation into today’s electronic trading.
On top of forging a comprehensive understanding of what the instrument is, participants will also learn why futures is one of the key trading/hedging instruments for professional traders. In turn, YOU can explore similar opportunities with futures and enjoy the same advantages as the pros do.
Beginner traders or investors, who wish to explore this professional financial instrument to benefit from market movements.
- Concept of futures
- Historical development and evolution
- Management of price risks
- Who are the various futures participants
- Role of the Exchange
- Role of Locals
- Understanding and taking advantage of Order Flow
- Economic functions of Futures
- Futures applied to various asset classes
- How to use Futures to benefit from the stock market movements, in BOTH directions
- Understand what Margin/Leverage is
- Understand the various ways to handle Expiry
- Futures as a Hedging tool
- Futures as a speculative tool
- Futures as an investment tool
- Get to understand important Financial Jargon
- How a Live Futures trading account looks like
- An introduction to the multiple trading approaches by professionals
Tom Yuen (YCK) is a futures trader with extensive system-based trading and execution experience, and a strong background in quantitative technical analysis. YCK’s futures trading experience spans over 20 years with the first 13 years spent as a floor/pit trader with Singapore International Monetary Exchange (SIMEX), now known as SGX-DT, Local.
YCK belongs to the first batch of Computer Science graduates in 1986 from the National University of Singapore. He worked as a Defence Scientist in DSO and spent 3 years in Sweden developing defence software from 1986-1989. While serving his bond after coming back to Singapore, he discovered his passion in the financial market.
He particularly enjoyed the idea of playing this number game, where one can be immediately rewarded, right down to the last deserving cent, according to his trading abilities and skills, with no need to deal, manage or interact with people. With no formal training in the financial discipline, he developed his edge through his strength from the technical field, coupled with an immense interest in psychology, he created trading methodologies that is derived purely from Technical Analysis, with a delicate blend of mass psychology. He quit his job and joined SIMEX in 1992 and traded his own account from day 1. At the end of the first year, he managed to match his last drawn pay as a software engineer, and was experiencing exponential pay increment for his subsequent years.
With an equally strong passion in teaching, he started sharing his trading knowledge with retail individuals from 1993-1997, encouraging interested individuals to join the floor. This teaching was interrupted when his daughter was born in 1996, when he then got himself trained as an early childhood Montessori teacher.
After the trading pit closed, YCK was approached by SGX to assist the exchange in conducting formal training courses. With more than 20 years of training and coaching experience, covering areas ranging from youth leadership, risks and rewards of trading, technical analysis, money management to financial literacy, he is one of the key mentors (invited and endorsed by SGX-DT) who regularly conducts training classes for aspiring traders, as well as running seminars in Malaysia and Thailand, sharing trading experiences not only to retails, but also to prop teams.
Having benefited from trading in the pit environment, YCK strongly believes in the importance of a trading community. Hence, he is also the key AFACT (Association of Financial And Commodity Traders) mentor who carries out mentorship programs at SGX, and is the only trainer who is doing mentorship program in the SGX training room with students, three times a week, from market open till close.
For further enquiries, please email firstname.lastname@example.org or call 6327-5438
(Operating Hours: 9.00am to 5.00pm)
Terms and Conditions
Singapore Exchange reserves the right to make changes to the time, date, syllabus, speakers, venue or cancel the course if warranted by circumstances beyond its control.
Cancellation and Transfer Policy
Cancellation for a registration must be made in writing at least 10 business days before the event and a refund (less a 10% administrative fee of total course fee) will be made. No refunds will be given for cancellations received less than 10 business days prior to the event. All requests for replacement must be made in writing at least 3 business days prior to the event.
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SGX Academy Secretariat
160 Robinson Road
Please provide your name, email, contact number, event title and date on the reverse side of the cheque. Enrolment is contingent upon receipt by Singapore Exchange of full payment and availability of space in the event. A confirmation note will be sent via email 10 business days before the seminar/course commences.