Outcomes
o Having general idea about the history of Foreign Exchange Market and recent foreign exchange development.
o Understand the importance of Foreign Exchange Market.
o Remember and distinguish between the types of FX-Rates.
o Distinguish between Base Currency & Quoted Currency.
o Analyze the movement in FX-Rates by identifying the “pips”.
o Apply exercises in Spot Market.
o Calculate net position on several spot trades.
o Calculate cross-rates from pairs of exchange rates.
o Describe the structure and mechanics of an FX forward and the forward points.
o Explain the relationship between the outright forward rate, the forward points, the spot rate, and interest rates
o Describe the structure and mechanics of an FX swap.
o Understand the mechanism of margin trading.
o Differentiate between the types of orders.
o Understand the principal risks in foreign exchange market.
Target Group
.خاصة بموظفي الشركة المتحدة للاستثمارات المالية
Contents
- History Of Foreign Exchange Market
- Market Participants in the Foreign Exchange Markets
- What is foreign exchange rate and why does it exist ?
- Major Currencies In 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