Forex Treasury Management & Operations - A Compact Guide
How Banks Deal in Foreign Exchange | Exchange Arithmetic | Guidance to Forex Dealers and Treasury Exams
Ratings 4.51 / 5.00
What You Will Learn!
- Basics of Forex and how banks deal with forex treasury
- Calculation of Tom, Spot dates and Spot Merchant Deals and Cover Operations
- Forward and Cash Merchant Deals and Corresponding Cover Operations - Forex swap
- Guidance in Certified Treasury and Foreign Exchange Exams
- Prepare yourself with assignments and Practice Test
Description
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Updated with 8 Assignments with solutions to evaluate your understanding
More than 60 Practice Test and Quiz and examples
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Understanding forex can be tricky! But once you understand the foreign exchange arithmetic, it becomes so interesting!
This course attempts to explain how banks deal in forex in simple language, keeping it crisp and to the point.
After completing this course you will know how forex rates are decided, how banks deal with their foreign exchange customers, and how they handle their forex exposures using cover operations. Understanding these concepts is vital to secure a certificate in any forex dealing and treasury examination.
You will learn -
Overview of the Foreign Exchange Market
What is foreign exchange?
Participants and Segments of the Forex market
Currencies and Quotations
Major Currencies and ISO Codes
How Currencies are Quoted - Direct and Indirect Quotations
Two way Quotations - Bid and Ask Quotes
What is Pip, Big Figure, Small Figure?
How abbreviations work in the Offer side of a Two Way Quote?
Hierarchy of Currencies - Which will be the Base Currency?
Cross Rates
Calculation of Cash, Tom, Spot, Forward Dates
Where one currency is USD
In cross rates
Spot Merchant Deals and Corresponding Cover Operations
Understanding Exchange Position and Fund Position of a Bank
Understanding Spot Buy and Sell Transactions and Corresponding Cover Operations
Calculation of Spot Rate - USD one of the Currencies
Calculation of Cross Spot Rate
Forward and Cash Merchant Deals
Forward Contracts and Factors affecting Forward Differential
How are Swap Points Denoted?
Calculation of Forward Rates
Calculation of Cross Forward Rates
Calculation of Cash Rates
Cover Operations of Forward and Cash deals - Forex Swap
What is a Forex Swap?
Forex Swap for Forward Settlements
Forex Swap for Cash Settlements
Regulation of Treasury Operations and Market Practices
Code of Conduct
Market Terminologies and Sample Deal Conversation
Assignments and Practice Test
This course is meant for -
Aspiring forex dealers of banks
Students of Forex and Treasury certificate examinations
Anyone interested in learning about forex rates
Who Should Attend!
- Aspiring forex dealers at banks
- Students of certificate exams of forex and treasury
- Anyone curious to know about forex rates
