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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)
Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Training Institute.
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 +10.30% (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: 022 - 2272 8303, 6136 3155
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