Outcomes
By the end of this training course, trainees will be able to :
- Define basic spot FX dealing terminology .
- Apply spot exchange rate quotations, cross rates, net FX spot position.
- Calculate and apply forward FX rates , forward rates quotation and the relationship between forward rates and interest rates.
- Apply the techniques of margin trading.
- Differentiate the principal risks in foreign exchange market, and how to hedge against foreign exchange risk.
Target Group
- موظفو كابيتال بنك
Contents
- History of foreign exchange market.
- Recent foreign exchange development.
- Foreign exchange market.
- Market participants in the foreign exchange markets.
- What is foreign exchange rate and why does it exist ?
- How to predict exchange rate fluctuations ?
- Major currencies in foreign exchange market.
- Kinds of foreign exchange market.
- Spot market.
- Position.
- Cross rates.
- Forward foreign exchange market.
- Foreign exchange “ SWAP ”.
- Margin trading.
- Types of orders.
- Risks of dealing in foreign currencies.
- Instruments for hedging against the exchange rate risk.
- Practical applications.