ACF Academy
Markets Training Training
Category:
 Markets Training
Targeted Audience:
 Anyone working in the foreign exchange markets, including corporate treasuers and those advising companies on managing their currency exposure.
Prerequisites:
 None
CPE Credits:
 7 hours
Course Level:
 Foundation
 
Date  DurationCostVenueRegister
22 Mar 2018  1 day$1400.00New York
29 Mar 2018  1 day£975.00London

Introduction to Foreign Exchange

The principal objectives of this intensive one-day seminar are to:
 
  Give delegates a clear understanding of the principles of foreign exchange and the practice of currency trading
  Provide in-depth coverage of the spot and forward currency markets, and their application in handling corporate currency risk
  Develop within dealers profitable yet prudent trading strategies, and the ability to respond correctly and quickly, even under difficult market conditions
  Consolidate delegates’ understanding by providing first-hand experience with the award-winning Global Trader simulator
 
Hot Topic  Managing FX risk in a volatile environment.
 

 
Course Outline
   
  The Foreign Exchange Spot Market
   
Functions and purposes of the FX market
Participants in the market-place
Market mechanics
Quotation conventions
Direct and indirect prices
Cross rates
Cross-rates exercise
Trading strategies
Value of a pip
Calculating P&L – mark-to-market and trading profits
Influences on the market
Interpreting news and economic statistics
The future of the Euro
Technical analysis
FX spot simulation
   
 
   
 The Forward FX Market
   
Outright forward and swap deals
Relation between spot & forward markets
Impact of interest rates
Quoting forward rates
Quoting swap points
Forward discounts and premiums
Credit and market risk from FX swap transactions
Forward-forward deals
Corporate applications for forward and swap transactions
Handling Transaction Risk from Overseas Revenues
Option-dated forward transaction
Odd- and broken-dates
FX swap simulation
   

 

NB All practical sessions are highlighted like this:
means a Workshop or Simulation
means a Case study
 
Accreditation


 

"The material was not delivered in a vacuum. The instructor always had an example / actual article to illustrate his point, so the class turned out to be a lot more interesting about real-life markets."

– Heajun H.