OBJECTIVES To provide an understanding of: - Fundamentals of forex markets, key players and their roles
- Trading mechanism, forecasting and speculation
- Risks involved in forex markets and their evaluation
- Role of hedging in managing forex risk and applying trigger signals
- Real-time examples
PROGRAMME CONTENTS
Session 1
Overview of Foreign Exchange Markets
- Cash & Spot Exchange
- Eurocurrency Markets
- Market Players, Inter bank ,Corporates
- Mechanism of making a foreign payment
- Forex and Interest Rate markets
FEMA Regulations
Session 2
Factors affecting Exchange Rates
Session 3
Trading in Foreign Exchange Markets - Trading Procedure
- Management of International Trade Transaction
- Information Analysis for Trading
- Speculation
- International Transactions Financing
- Concept of Volatility in Forex Markets
Session 4
Forecasting Exchange Rates - Various theories of forecasting
- Drawbacks associated with these theories
- Technical Analysis
- Real-time example
Session 5
Foreign Exchange Risks - Types of Risks & exposures for corporates, exports, imports, borrowing, competitions
- Measurement and quantifying of Risks
Value at Risk (VaR) - Introduction to VaR
- Application of VaR in Forex Markets
Session 6
Tools of Risk Management - Forward/Futures/Swaps/FRA
- Options
- Types of Options like range notes, spreads, knock-ins/outs/digital/barrier, leveraged etc.
- Risk Return and Hedging Profile
- Product Structuring
- Actual illustration
Session 7
Hedging in Forex Market - Hedging through Forward/Futures/Options/Swaps
- Pricing of Options/Swaps/Forwards
- Factors affecting pricing
- Understanding trade logic by forecasting factors affecting pricing
Session 8
Case Study - Where Corporate Treasuries have failed using FX derivatives
- Practical structures used by Indian and International corporates (Making sense out of theories and various structures)
TARGET AUDIENCE
Senior Executives from Banks, Corporates, & Financial Institutions, Dealers, Traders, Brokers, Consultants and other Capital Market Intermediaries.
DURATION & TIMINGS
2 days 9.30 am to 5.30 pm
FEES
Rs. 5,000.00 + 12.36% (Service Tax + Education Cess) per participant inclusive of course material, tuition fees, snacks and lunch.
PROGRAMME COORDINATOR:
Sanjay Ved
For further details regarding registration
Contact: E-mail: training@bseindia.com Phone: 22721126 / 27, or 22721233 / 34, Ext: 8246, 8464, 8121, 8062, 8862, 8859
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