The Law of Financial Derivatives and Structured Products (934M3)

30 credits, Level 7 (Masters)

Spring teaching

On this module, you focus on the law relating to derivatives. You examine the analysing and documenting of derivatives transactions, the termination of derivatives transactions, legal issues relevant to collateralisation and credit derivatives, stock-lending and securitisation.

Topics include:

  • financial product, income and risk
  • financial deviates product 
  • commercial and structural aspects of financial derivatives 
  • standard market documentation of financial derivatives 
  • collateralisation and taking security 
  • common legal issues with financial derivatives contracts in practice 
  • termination of financial derivatives
  • development and challenges to financial derivative after financial crisis 2008.


100%: Seminar


50%: Coursework (Portfolio)
50%: Written assessment (Essay)

Contact hours and workload

This module is approximately 300 hours of work. This breaks down into about 22 hours of contact time and about 278 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2024/25. However, there may be changes to these modules in response to feedback, staff availability, student demand or updates to our curriculum. We’ll make sure to let you know of any material changes to modules at the earliest opportunity.