ACF Academy
Markets Training Training
 Markets Training
Targeted Audience:
 Anyone working in the foreign exchange markets, including corporate treasuers and those advising companies on managing their currency exposure.
CPE Credits:
 7 hours
Course Level:
Date  DurationCostVenueRegister
12 Feb 2019  1 day$1400.00New York
11 Apr 2019  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


"I am fascinated by the knowledge the tutor has."

– Lim J.