Master practical currency exchange trading & risk management (hedging) using spot, swaps and forwards
Sub Category
- Other Finance & Accounting
{inAds}
Objectives
- Know the fundamentals of the foreign exchange market, including its organization, key participants, products, and trading motivations
- Confidently read, interpret, and communicate FX quotes, understand settlement rules, and navigate the conventions that underpin the global currency market.
- A solid understanding of the potential sources of currency risk, the key factors that determine its level, and basic knowledge of how to mitigate FX risk
- Understand market FX swap: structure, how swap points calculation, derive FX forward rates, use swaps to bridge timing gaps between settlement dates.
- Have practical skill to hedge FX short and long positions
- Create a synthetic FX forward by combining a spot FX trade with a money-market swap
- Convert a home-Learn about FX swap variations, such as cross-currency interest rate swaps and basis swaps.currency price into an FX quote.
- Learn basis of currency derivatives: FX swaps and forwards
- Organization of currency market
- Key participants trading on FX market
- Currency (FX) spot transactions
- Currency Trading motivations
- How to mitigate currency (FX) risk
- ISO currency codes
- Base and quoted currencies
- Understand settlement rules
- Learn currency market conventions
- Understanding currency risk sources
- Volatility of spot rates
Pre Requisites
- This beginner-friendly course will guide you step by step through how the global currency market.
- You don’t need previous experience or knowledge.
- All you need is curiosity and a bit of time.
FAQ
- Q. How long do I have access to the course materials?
- A. You can view and review the lecture materials indefinitely, like an on-demand channel.
- Q. Can I take my courses with me wherever I go?
- A. Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
{inAds}
Coupon Code(s)