CONTINUING BANKING EDUCATION TRAINING PROGRAMMES

FUNDAMENTALS OF FOREIGN EXCHANGE Duration: 2 days OBJECTIVES Upon completion of the programme, participants will be able to: • Understand the dynamics of international foreign exchange markets. • Understand foreign exchange terminologies and international practices and conventions. • Understand the risks in foreign exchange operations. • Understand the mechanics and applications in foreign exchange. • Quote spot and forward foreign exchange quotations. • Understand their roles in relation to the bank’s treasury activities. CONTENT • Overview and Historical Development of the Foreign Exchange Market. • Structure and Function of the Dealing Room. • Factors Affecting the Foreign Exchange Market. • Foreign Exchange Transaction/Exposure Risks. • Understanding Foreign Exchange Value Dates and Types of Foreign Exchange Contracts. • How to Quote Direct, Indirect and Cross Foreign Exchange Quotations – Spot, Forward and Backward. • Forward Premium and Discount Swap Points. • Foreign Exchange Regulations. • Risk Management. • Foreign Exchange Accounting. TARGET GROUP Branch Managers, Corporate Bankers, Foreign Exchange Trainees, Interbank and corporate dealers, position keepers, new dealers and dealing room support staff. FORMAT Lectures and exercises.