Fundamentals of Foreign Exchange Trading, Hedging and Risk Management
- Course Code: TGS-2020505416
- Duration: 8 Hours
- Language: English
- Course Capacity: 3 to 38 pax
- Certificate: Yes
Have you ever wondered and wanted to know the intricacies of the Foreign Exchange markets?
This 1-day 100% SkillsFuture Credit – Claimable course is designed to provide a practical overview of the Foreign Exchange (FOREX) market.
By the end of this workshop, participants will gain good insights on the workings of the Foreign Exchange markets and be able to leverage your newly acquired knowledge to add values to your businesses or trading in the Foreign Exchange markets.
- Understanding how economic and political news affect Foreign Exchange.
How to deal with FX in the ‘real world’.
How to deal effectively and with profitability in a ‘real world’ environment with political and economic news having a bearing on the FX market.
- Acquiring knowledge of Trading, Hedging and Managing risks in the Foreign Exchange markets.
Explanation of How to do trade, hedge and manage risk in Foreign Exchange
- The Right Habits of the Mind to trading successfully.
Learn how to trade, hedge and manage downside risk through the use of a systematic process enabled by the habits of mind.
- THE FOREIGN EXCHANGE MARKET
Mechanics of FX quotation
Direct and Indirect quote
Bid and offer rate
- THE FORWARD MARKET
Mechanics of calculating forward rates
What are interest rate differentials
Bid and offer forward points
Are forward points at a discount or premium
Calculation of cross forward rates
What is short-date foreign exchange
- EFFECT OF ECONOMICS AND POLITICS factors affecting FX rates
Long term factors
Short term factors
Interpretation of U.S and other major economies economic indicators
At the end of the course, trainees are able to:
- Acquire a generic understanding of the Foreign Exchange Market
- Acquire the understanding of the Foreign Exchange industry knowledge including economic and political climate impacting the industry.
- Acquire the knowledge of a systematic approach in trading, hedging and managing downside risk in foreign exchange.
*Applicable to learners who have $500 worth of SkillsFuture credits.
What Others Say About “Fundamentals of Foreign Exchange Trading, Hedging and Risk Management” Course
“Trainers are both very experienced and good trainers which I would definitely recommend anyone who is keen to learn more about FOREX trading to attend. They make the lesson easy to understand and fun at the same time. Very well coordinated and conducted. Very professional and experienced, providing real examples from trading background and sharing useful tips to newcomers and learners which was inspiring and useful!”
Tan Han Wei
“It’s an eye opener after attending the course, it allows me to have a better understanding on the discussion as well as learning points from common alike industry peers. Course was simple n well planned. The speakers are very knowledgeable.
Victor is a very experienced speaker who simply knows everything at his fingertips…strongly recommend.
Jeremy is well-versed in his area of expertise, was always readily to answer queries.”
“Mr Victor Say explained to us the concept and how FX work in the best way for someone like me with no business background. He does not hesitate to answer any questions you have and he is very approachable! Very interactive class and he will catch your attention!
Keep up the good work and hope more people will sign up for this course!”
Ang Hui Chen
“Very good teachers who teach with their heart and share a lot. Training was short because there is so much to learn, and it’s not easy to squeeze within a day. But great job!”
Victor SayVeteran and Profitable Economic Trader and wizard with more than 35 years of trading experience for big banks and clients.