Description
The foreign exchange market is one of the largest financial markets in the world, operating worldwide on a 24-hour basis, and attracting high liquidity and large volumes of currency trading daily.
With the advent of real-time information and electronic trading, it is all too easy to overlook the importance of maintaining knowledge of foreign exchange fundamentals. Whether you’re onboarding a new team member or just want to reassure yourself that your platform is giving you the rate you were expecting – and therefore that you haven’t mis-entered any figures – we trust you’ll find our refresher on cross rates and forwards helpful and comforting.
Learning outcomes
- Outline how foreign exchange markets operate and the nature of activities conducted by the primary participants
- Discuss the factors that impact foreign exchange and analyse their influence on pricing
- Explain common terminology and concepts relevant to participants in foreign exchange markets
- Calculate two-way cross rates
- Define what an FX swap is and identify typical circumstances when an FX market participant might transact one
- Calculate two-way forward points and prices, including interpolation for odd dates
- Devise strategies for providing long-term foreign exchange solutions for a client
- Describe the features, purpose and advantages of non-deliverable forwards and demonstrate an NDF transaction.
Our learning management system provides you and your organisation all the usual features you’ve come to expect – an intuitive interface, reliable access to content, and insightful reporting.
Each CPD course has specific learning outcomes, reflections and extra resources and activities, and is assessed via a short online multiple choice quiz. You have 8 weeks to complete the course.
Well crafted and relevant CPD opens new possibilities, new knowledge and new skills.
Download our CPD short course brochure
Find your CPD solution or contact us to discuss your organisation’s requirements.
