Spot Foreign Exchange

This introductory course on foreign exchange (FX), focusing on spot foreign exchange, covers the fundamental knowledge you need to know about the FX markets. You will learn about currency conventions, the trade mechanics of FX, how to quote bid/offer rates and calculate cross rates, and various strategies and risks associated with trading FX. At the end of this course, you will be given supplemental exercises and questions to apply what you have learned in the course.

 
 

 Course Access:
90-day course access from date of purchase

Time:
Self-study, self-paced

Instructor:
Guy O'Loughnane


 Length/Duration:
2.5 hours

 


About This Course
 

This introductory course on foreign exchange (FX), focusing on spot foreign exchange, covers the fundamental knowledge you need to know about the FX markets. You will learn about currency conventions, the trade mechanics of FX, how to quote bid/offer rates and calculate cross rates, and various strategies and risks associated with trading FX. At the end of this course, you will be given supplemental exercises and questions to apply what you have learned in the course.

     
Outline

Upon completing this course, you will be able to:

  • Learn how to identify foreign exchange currency codes and currency pair ordering
  • Identify and understand the difference between direct and indirect quotes
  • Calculate foreign exchange cross rates
  • Understand the foreign exchange settlement process
  • Understand the various risks associated with the foreign exchange market
  • Employ various market strategies to enhance market returns and reduce market risks

Who Should Attend

This introductory foreign exchange course is perfect for anyone who would like to build up their understanding of capital markets, focusing on the foreign exchange markets. This course is designed to equip anyone who desires to begin a career in fixed income, equity, sales, trading, or other areas of finance with the fundamental knowledge of foreign exchange. 



About Our Expert

  
  Guy O'Loughnane 
Guy is an experienced FX market practitioner with a long career trading in financial centers globally, including London, Zurich, Tokyo, Singapore, and Hong Kong. He started his career with UBS in 1994, trading FX forwards before moving to Credit-Agricole-Indosuez and specializing in Japanese Yen forwards. He finished his career at Standard Chartered Bank in Hong Kong and Shanghai, where he was responsible for the Onshore FX Desk and Chinese Yuan Non-Deliverable Forwards trading. Guy has since retired from the markets in 2010 and pursued further academic challenges.



Continued Risk Learning Credits:  2.5

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].

Registration
 Membership Type Price
   
 Members $ 80.00
 Non Members $ 88.00

Access

Immediate access to the course is granted for 90 days after your purchase. Please complete the course within that time period.

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Support

For technical issues regarding course access, contact [email protected]

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