ACI Diploma Training

Course details

The ACI Diploma builds on the Dealing Certificate to ensure candidates have a good practical knowledge of the treasury and foreign exchange markets as a whole and of the linkages that exist between the different areas. In achieving this qualification, candidates will have obtained a fundamental knowledge of the mathematics and pricing relationships of the various instruments and will be well prepared for the ACI exam.

Course Outline

Foreign Exchange

To explain the evolution and characteristics of the foreign exchange market, its instruments, and how they relate to each other.

The Money Market

To describe the characteristics of the money market, its relationship to other financial markets, and to explain the instruments involved and how they are traded.

FX Derivatives

To explain the characteristics of the options market, the terminology used, and to describe simple option trading strategies. To explain the nature of an NDF, and to explain how they are used in the market place.

Short Term Interest Rate Derivatives 

To explain the mechanics of the futures market, and to describe the roles of the counterparties involved and their areas of responsibility. To explain the concept of an FRA and its origins, how it is used in the market place, how it is priced and to describe its relationship with other related instruments.

Repurchase Agreements (Repos)

To describe the characteristics of the repo market, its relationship with the bond market and the related cash flows, and the roles of the various participants.

Capital Markets and Derivatives 

To describe the term Capital Markets and their derivatives, its origins and evolution, and how the different instruments involved in the Capital Markets are used in the market place.

Risk Management

To explain the importance of risk to market participants, and to describe some of the ways in which risk and return can be identified, measured and controlled.To explain the roles of Central Banks in the environment in which they operate.

Fundamental and Technical Analysis

To explain some of theories involved in foreign exchange, and to explain the role of fundamental forecasting and technical analysis in foreign exchange.

Certification

On completition of the course you will receive a certificate from ASTC Dubai and ACI