e-learning and reference solutions for the global finance professional

Foreign Exchange Markets

Course Details

Library of 11 Courses

Available Products

Upcoming Products

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For information about our other off-the-shelf e-learning solutions see Course Catalog
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Overview
Different foreign exchange products; their pricing and applications are comprehensively dealt with in this course group. Discussions include the foreign exchange market risks. All foreign exchange derivatives such as currency futures / swaps / options and second-generation forward contracts are explained. FX trading controls, as given in ACI code of conduct are dealt with. Real case studies are also incorporated. Pricing, structuring and application can be practiced with calculators/simulations.

After completing this course, you will be conversant with:

  • Nuances of foreign exchange markets
  • Foreign exchange derivative products
  • Second-generation forward contracts
  • FX trading controls

Target Audience

Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit from KESDEE’s innovative solutions.

  • Supervisory Agencies
  • Central Banks
  • Financial Institutions
  • Commercial Banks
  • Investment Banks
  • Housing Societies/Thrifts
  • Mutual Funds
  • Brokerage Houses
  • Stock Exchanges
  • Derivatives Exchanges
  • Insurance Companies
  • Multinational Corporations
  • Accountancy Firms
  • Consultancy Firms
  • Law Firms
  • Rating Agencies
  • Multi-lateral Financial Institutions
  • Others

  • Course Level and Number of Courses
    Intermediate Level. Library of 11 Courses

    Instructional Method
    Dynamic, Interactive e-learning

    Recommended Background
    Familiarity with basic financial concepts

    For purchase,contact us at
    PO Box 910207. CA 92191, USA
    Phone: +1-858-755-8527 Fax: +1-858-755-6973, +1-858-756-8587, E-mail: information@kesdee.com, Website: www.kesdee.com

      Library of 11 Courses
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    Foreign Exchange Markets
    Time taken to complete each Course: Two - Three hours


    1. Treasury Management – Scope and Importance

    • What is Treasury Management?
    • Structure of Treasury Management
    • Functions of Treasurer and Controller

    2. Overview of Risk Management

    • Concept of Risk
    • Risk Management Process
    • Determination of Business Objectives
    • Identification of Risks
    • Measurement of Risk

    3. Overview of Foreign Exchange Market

    • Meaning of Foreign Exchange
    • Market Size
    • Reasons to Trade FX
    • Market Timings
    • History
    • Market Participants
    • Dealing Methods

    4. Spot Market

    • Spot Foreign Exchange Transactions
    • Structure of Spot Rates
    • Direct and Indirect Quotes
    • Bid-Offer Spread
    • Cross Rates

    5. Forward Market

    • Outright Forward Transactions
    • Determination of Forward Rates
    • Forward Cross Rates
    • Short Dates

    6. Determination of Exchange Rates

    • Interest Rate Parity
    • Purchasing Power Parity
    • The Fisher Effect
    • Balance of Payments Approach
    • Monetary Approach
    • Portfolio Balance Approach
    • Forecasting Exchange Rates

    7. Currency Futures

    • Futures vs. Forward Contracts
    • Currency Futures Market
    • Futures Contract Specifications
    • Marking to Market
    • Futures Quotation
    • Pricing Currency Futures
    • Hedging with Currency Futures
    • Speculation with Currency Futures

    8. Currency Options

    • Currency Options
    • Basic Option Strategies
    • Covered Strategies
    • Spread Strategies

    9. Currency Swaps

    • FX Swaps
    • Currency Swaps
    • Currency Swap vs. FX Swap
    • Quoting Conventions
    • Types of Swaps
    • Uses of Currency Swaps

    10. Second Generation Forward Contracts

    • Second Generation Forwards
    • Range Forwards
    • Participating Forwards
    • Break Forwards
    • Forward Spread Agreement

    11. FX Trading Controls

    • ACI Model Codes regulations

    JOB AIDS

    • Disclosures
    • Policy Templates
    • Measurement Tools
    • Global Best Practices
    • Regulations
    • Benchmarking Data
    • Scope and Structure of FX and Derivatives Markets

    Calculators in Foreign Exchange Markets

    1. American / European Quotes
    2. Spot Cross Rates
    3. Calculating Forward Rate Forward Cross Rates
    4. Pricing Currency Futures - Continuous
    Compounding
    5. Pricing Currency Futures - Daily Basis
    6. Valuation of Generic Currency Swaps
    7. NPV of Currency Cash Flow
    8. Swap Break Forward
    9. Range Forward
    10. Participate Forward
    11. Options strategies (Excel)
    12. Currency Converter

      Available Products
    Home
    • Asset Liability Management Library of 28 Courses
    • Liquidity Management and Contingency Funding Plan Library of 14 Courses
    • Financial Institution Analysis - CAMELS Approach Library of 8 Courses
    • Financial Mathematics Library of 7 Courses
    • Global Banking Supervision Library of 15 Courses
    • Capital Adequacy Planning (Basel I) Library of 7 Courses
    • Basel-II: University Library of 63 Courses
    • Sarbanes-Oxley Act Library of 12 courses
    • Futures & Forwards Library of 7 Courses
    • Swaps Library of 7 Courses
    • Options Library of 10 Courses
    • Market Risk (Basic Level) Library of 8 Courses
    • Market Risk (Intermediate Level) Library of 8 Courses
    • Market Risk (Advanced Level) Library of 4 Courses
    • Value at Risk Library of 16 Courses
    • Credit Analysis Library of 13 Courses
    • Credit Ratings Library of 3 Courses
    • Counterparty Credit Risk Library of 9 Courses
    • Credit Risk Modeling Library of 6 Courses
    • Credit Derivatives Library of 23 Courses
    • Operational Risk Management Library of 21 Courses
    • Asset Securitization Library of 28 Courses
    • Asset Liability Management for Insurance Companies Library of 29 Courses
    • Anti-Money Laundering Library of 6 Courses
    • Financial Privacy Library of 6 Courses
    • Corporate Governance Library of 9 Courses
    • Money Markets Library of 9 Courses
    • Fixed Income Markets Library of 17 Courses
    • Equity Markets Library of 10 Courses
    • Foreign Exchange Markets Library of 9 Courses
    • Foreign Exchange Management Library of 7 Courses
    • Treasury Analytics Library of 5 Courses
    • Interest Rate Risk Management Library of 4 Courses
    • Funding and Investments Library of 5 Courses
    • Implementation - Treasury Management Library of 4 Courses
    • Case Studies - Treasury Management Library of 5 Courses
    • Understanding Financial Statements Library of 2 Courses
    • Budgeting Library of 5 Courses
    • Management Accounting Library of 7 Courses
    • Financial Accounting Library of 9 Courses
    • Mutual Funds Library of 11 Courses
    • ePRM Coach Library of 68 Courses
    • eFRM Coach Library of 61 Courses
      Upcoming Products
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    KESDEE has the required technology platform to respond to clients training requirements in the financial industry. We offer several solutions, each developed with the guidance of creditable experts. Given below are few of the forthcoming products:

    • Financial Planning
    • International Trade Services
    • Bank Branch Management
    • Mortgage Finance
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    For more information about our e-learning products and services
    visit us at www.kesdee.com
    Copyright © 2006 KESDEE Inc.
    Please return this form by Mail or Fax to:
    KESDEE Inc. P.O. Box 910207, San Diego, CA 92191, U.S.A.
    Phone:
    +1-858-755-8527 Fa
    x: +1-858-755-6973, +1-858-756-8587
    E-mail: information@kesdee.com Website: www.kesdee.com