OVERVIEW

Learn about the foreign exchange market players and products, how to quote spot FX rates, the difference between the 'big figure' and pips, how to calculate spot foreign exchange trade profits and losses, how to calculate spot cross rates, the mechanics of forward foreign exchange outrights including forward points and calculations, hedging using forward outrights, the structure of foreign exchange swaps and their uses, the rationale behind non-deliverable forwards and how to calculate NDF P&L.

2 hours of video content.
Estimated 4 hours to complete.

LEARNING OBJECTIVES

  • Explain spot bid-offer quotes
  • Calculate spot cross rates
  • Calculate spot currency amounts
  • Calculate spot trade P&L  
  • Interpret and calculate forward points
  • Explain hedging with forward outrights
  • Explain the structure of foreign exchange swaps and show examples of how FX swaps are used
  • Explain NDFs and how to calculate NDF P&L

TOPICS COVERED

Complete topics step by step or jump to any of the below at any time.

  • Introduction to FX markets
  • FX spot
  • Cross-rates
  • FX forwards
  • Forward pricing
  • Hedging
  • Carry trades
  • FX swaps
  • NDFs

PREREQUISITES

This course is open to all. To maximize the benefit of this course we recommend an understanding of financial statements and Microsoft Excel.

 

**Training The Street acquired AMT Training in 2021. We have merged AMT's products into one store, to increase our content offering.**

Save money with this course by purchasing our bundle!

This course is available in the:
Global Markets and Hedge funds 7 Course Bundle.

Save up to 57% on all courses with this bundle!
The bundle includes the following courses:

  • Financial Math for Financial Markets
  • Excel Best Practices for PC: Become an Excel Expert
  • Bond Markets
  • Equity Markets
  • Derivatives Fundamentals
  • Foreign Exchange Markets
  • Portfolio Construction Theory

Group Orders

We offer discounts for group orders on our self-study products. Group orders are an attractive option for companies or teams looking to upskill together.

Contact us at selfstudy@trainingthestreet.com to learn more about how to save money on group orders.

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