As an approved, accredited training provider by ACI Financial Markets Association (ACIFMA), we offer all ACI exam preparatory workshops.
These certifications have become mandatory in many regions for wholesale foreign exchange and money market professionals.
Recent entrants and junior dealers in the Global and Treasury markets
Middle office and operations personnel
Compliance and risk officers
"Experienced forex and money market dealers" that require a refresh on the theory that will enhance their skills and allow then to keep abreast of market changes.
The Financial System as a whole
FREE PREVIEWThe Financial Markets Environment course materials
Global Markets
Cash and spot markets VS Forwards and Derivatives markets
Primary VS Secondary markets
The function of the financial markets
The participants in the financial markets
The Global Code
Module 1 | Test your knowledge
The Foreign Exchange Market - course materials
Market Structure
FREE PREVIEWThe spot market
Forex Bid/Ask worked example
Quotation Conventions
Cross Rates
Indirect Quotes (Reciprocals)
Foreign Exchange_Mid Module Assessment
Position Keeping (calculating profit and loss)
Forward Exchange Contracts (FEC's)
Spot Hedge of an FEC
Creating Forward Exchange Contracts (FEC)
Foreign Exchange Swaps
The use of a swap - An importer example
Hedging a swap using an FX spot transaction
Inside spot value date - Short-dated Forwards
Inside spot value date worked examples
Historical Rollover
Creating Synthetic Assets and Liabiliteis
Summary
Module 2 | Test your knowledge
Lesson material
Basic Interest Rate Calculations
Simple Interest
Compound interest
Day count conventions and conversions
Straightline Interpolation
Interest rates yields VS discounts
Term Structure of Interest Rates
Rates_Mid Module Assessment
Money and Capital markets definitions
Treasury Bills
Implied yield calculations
Interbank Deposits and Loans
Certificates of Deposit (CD)
Worked example - Deposits
Trading Interest Rate Instruments (Hold to maturity vs Trading)
Repurchase Agreement (REPO) definition
Mechanics and benefits of a REPO Agreement
Classic Repo - Margin % and Haircuts
Worked example - Classic REPO
FREE PREVIEWModule 3 | Test your knowledge
Download Workbook: FICC Derivatives
The Derivatives Market
Forward Forwards
Forward Rate Agreement (FRA)
Worked Forward Rate Agreement examples
FREE PREVIEWThe Futures Market
Interest Rate Futures
Interest Rate Swaps
FICC Derivatives_Mid Module Assessment
Introduction to Options
The price of an option
Option terminology
Put Call Parity
Option Risk Reversals
Option payoff profiles
Implying the price and intrinsic values of vanilla Calls or Puts
The Greeks - Delta
The Greeks - Gamma and Theta
The Greeks - Vega
Module 4 | Test your knowledge
Financial Market Applications Workbook
Principles of Assets and Liabilities
Managing Assets and Liabilities
Principles of risk
Module 5 | Test your knowledge | old
Meet who you will learn with
Check out all ACI Bundles available:
This comprehensive bundle is designed for senior executives and professionals looking to deepen their understanding of FX markets and operations. This bundle includes the complete suite of the ACIFMA certificates and diploma.
Tailored specifically for treasury professionals and traders, this bundle equips participants with the essential knowledge and skills required to excel in FX trading and treasury operations while ensuring compliance with industry regulations.
Ideal for individuals primarily focused on FX dealing activities, this bundle comprises the ACI Dealing Certificate and the ACI FX Global Code Certificate. It provides a comprehensive understanding of FX dealing practices and ethical conduct,
Suited for operations professionals responsible for FX transactions and settlements, this bundle covers essential operational processes, risk management, and compliance measures necessary for efficient FX operations in a global context.
Regular price
“The course was very insightful with relevant examples provided during the training. The material shared was applicable in the scenarios and it made the training practical. The training pack is excellent and can be used as a reference in the future.”
Ontibile Baakile, Finance Director | BancABC
“The workshop exceeded my expectations and improved my Knowledge. I will definitely recommend it to my other colleagues.”
Candice C.H Nyamuda | BancABC
“A very informative and well run workshop. Highly recommend! ”
Karin Hendrickz | AECI
“WOW! I highly recommend to anyone who needs more understanding of financial instruments.”
Thuli Poktia | Aluwani Capital Partners
“It is a really eye opening program, and extremely important for any Financial Market Dealer. ”
Akeem Akorede | United Bank of Africa
ACI's Education Programme provides globally acknowledged, portable, professional qualifications that enhance career prospects, improve job performance and set benchmarks within the industry.
ACI Dealing Certificate, the ACI Operations Certificate, the ACI Diploma and the FX Gllobal Code Certificate.
No, anyone may take the exam.
To join, please go to https://acifma.com/joinacifma for more information.
The exam is computerised. You can take it at any of the many testing centres around the world. If you need help finding a testing centre, please email us.
The Dealing Certificate exam EUR 230 for ACI members and EUR 280 for Non-members
The Diploma costs EUR 350
The Operations Certificate EUR 230 for ACI members and EUR 280 for Non-members.
Yes you are allowed a calculator. Most 'normal' calculators are acceptable - choices range from Hewlett Packard HP12C, HP17B or HP19B, or any other hand-held calculator which is not text-programmable.
A 'Windows' calculator is available on the computer screen while you are taking the exam.
Yes, there is a new version for all certifications as at November 2020, the previous version of the ACI Dealing Certificate was retired as at 31 March 2021.
No, the material we provide is complete, including exercises and practice exams.
