How to Manage Foreign Exchange Risks and Minimise Losses and Maximise Returns
Foreign Exchange (FX) School Training Course
This foreign exchange training course provides in-depth working knowledge of the foreign exchange (FX) product and market environment.
You gain a thorough understanding of the principal functions and characteristics of the FX market and its related instruments from both a hedging and trading point of view.
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Everything You Need to Know About How to Effectively Manage Foreign Exchange Transactions
This foreign exchange training course provides in-depth working knowledge of the foreign exchange (FX) product and market environment.
You gain a thorough understanding of the principal functions and characteristics of the FX market and its related instruments from both a hedging and trading point of view.
This course may also act as a useful preparation for ACI qualifications. This course adds other features such as Risk identification, risk management and suitability of products with worked examples and Excel exercises.
The case studies are derived from experiences drawn from the FX operations of large, multinational money centre banks and corporations.
You gain an understanding of the relevant pricing mechanisms for spot, forwards, longer dated transactions and currency swaps, the non-deliverable market and the principals of foreign exchange options.
FX School Course Highlights
- Size and scope of the FX market and the various market participants
- The role of governments and central banks in the FX markets
- Economic influences on FX markets and fixed vs. floating exchange rates
- Identifying currency exposures for corporate and financial institutions
- Invoicing and FX risk management in a multi currency environment
- Spot market FX pricing with bid and offer
- Cross currency FX pricing with bid and offer
- Establishing FX positions and the impact of market movements on open risk
- Review the principal money markets and the linkages to the FX market
- The forward FX market and a step by step development of the no-arbitrage theory of forward FX pricing
- Calculate both sides of the theoretical swap points from a two-way spot and the bid and offered interest rates
- Calculating cross currency forwards
- Understanding the impact of the spot rate on forward FX pricing
- Short dated FX swaps and pricing conventions
- “Rolling over” a spot FX position with short and longer dated FX swaps
- Calculating profit or loss
- Deriving the cost of borrowing or lending through FX swaps
- Identifying interest arbitrage opportunities between the FX and money markets
- Extending or reducing the term of an outright forward FX using FX swaps
- Gain in depth knowledge of the workings of the non-deliverable FX market (NDF) and its rationale
- Analysis of the documentary support for the structure and the features of NDFs as well as their pricing and valuation
- Introduction to FX options and the elements of pricing using the relevant pricing models.
- Electronic trading and the impact of HFT
- The structure and functionality of electronic dealing systems
- Understanding market risk management for FX
- Counterparty risk and the global clearing architecture for FX transactions
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Who Will Benefit
- Bank treasury staff
- Corporate treasury staff
- Asset-liability personnel
- Candidates for the ACI-type certificates
- Risk managers and risk controllers
- Auditors
- Asset management transactors
- Hedge fund transactors
What You Receive
All ONLINE courses include:
On-Demand Lessons
Online courses include on-demand video and/or text-based lessons with 12 months access (option to renew).
Go at your own pace.
Digital Downloads
Courses include digital resources, such as course slide decks, additional reading, exercises & more
Anywhere Access
Access the course(s) anywhere with an Internet-enabled device. (*Our own mobile app is in the works)
Digital Certificate
Upon successful course completion, you receive a digital certificate of completion to download & print.
Practical
Our training courses are designed to be practical, not just theoretical or academic.
Designed for Busy Professionals
Courses are designed for the busy working professional.
Sneak Peak Inside the Online Learning Portal
Have a look inside the online learning portal to get an idea of what it’s like.
Online Cohort-Based Sessions (*subject to availability) also include:
Instructor Q&A
Instructor Q&A’s via Zoom, text-based answers and/or recorded audios.
Q&A’s are at pre-scheduled times and recorded (where applicable).
Like-Minded Peers
Learn with a group of like-minded peers from all over the world in a small group setting.
Why Ethan Hathaway
There are LOTS of training providers in the market, so why choose Ethan Hathaway?
Ethan Hathaway has established itself as a reputable training partner for over 16+ years to top companies all over the world.
Our philosophy is to make YOU as valuable as can be both in your career and your employer.
Enrolment Options
Online delivery is available as below.
Online Self-Study
USD499
USD297
For Individual learning at your own pace.
1 user
In-House Customized / Bespoke
Contact Us
Either schedule a private in-house delivery and/or customize the content to your specific needs.
Multiple users
