Course details
This course introduces the participants to foreign exchange in line with the current ACI Diploma (Financial Market Association, France) syllabus. It builds on the Foreign Exchange level 1 curriculum. It is designed to give advanced level theoretical and practical knowledge of the foreign exchange markets by using different FX instruments and hedging techniques.
Learning Outcomes
On successful completion of this course, participants will be able to:
- Explain the covered interest arbitrage
- Recognise the Non-Deliverable Forwards (NDFs)
- Illustrate calculation and pricing of synthetic FRAs (Forward Rate Agreements) using FWD-FWD (Forward) FX (Foreign Exchange) Swaps
- Demonstrate ways of hedging a forward-forward transaction
- Interpret risks in various FX transactions
- Calculate different swap rates, historic rates rollovers, time options
Target Audience
Senior FX traders; senior corporate desk dealers; senior treasury staff; senior back office & operations staff; senior risk management officers; senior officers - investment department senior auditors; compliance officers; senior risk managers; system developers; finance officers in corporations/import & export/insurance
Entry Requirements
Participants who have done FX Level 1 & Money market Level 1.
Updated on 23 November, 2017Course Location
About Bahrain Institute for Banking & Finance
We_They plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training in the areas of Accounting and Finance, Academic, Executive Development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.
We_They covers a wide spectrum of subject matter, with over 300 different courses offered to the financial and corporate market; tailor-made training solutions based on organisational requirements; specialised programmes taught by leading market specialists; and professional qualifications and degree programmes in partnership with major international organisations.
We_They continues to exceed global benchmarks for many of the qualifications it offers with its affiliates.
Since its inception in 1981, We_They has grown from training 450 applicants a year primarily within the banking industry, to 20,000 drawing participants from all sectors of the economy, and are proud to have qualified over 200,000 learners in the last 3 decades.
Our faculty comprise of market practitioners, academics and qualified senior industry professionals. Their perse backgrounds ensure an enriched participant experience, striking the perfect balance between theory and practice.
We_They has made its mark internationally with clients in Asia, Africa, Europe, USA and the Middle East, well on its way to becoming the global institute of choice.
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