Course Overview

The Banks
At the market’s core are the dealing desks of the banks whose primary role is to create a market place for foreign exchange by making prices, both bids and offers.

The Brokers
Brokers are the middlemen that serve as intermediaries and bring buyers and sellers together with the objective of quoting the finest bid-offer spread available. They do not become the counterparty to any trade but merely help facilitate trade in this fast-moving market.
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Who should enrol?

The workshop is specifically aimed at those entering the treasury/ global markets space and ancillary services to those areas (including IT, Audit, Credit, Risk), but would be beneficial to anyone in banking looking to gain an understanding of the industry.

  • IT Staff

  • Audit Staff

  • Operations staff moving into a Front Office role

  • Credit Staff

  • Risk Staff

Course curriculum

    1. Course Overview and Materials

    2. Introduction to foreign exchange

    1. The Spot Market

    2. Quoting Conventions

    3. Bid/Ask Example

    4. Cross Rates

    5. Indirect and Recipricals Quotes

    6. FX Position Keeping

    1. Forward Exchange Contracts (FECs)

    2. Creating Forward Exchange Contracts

    3. Forward Exchange Contract Spot Hedge

    1. Foreign Exchange Swaps

    2. Heding a Swap using a Foreign Exchange Spot transaction

    3. The use of a Swap (Importer)

    4. Inside Spot Value Date

    5. Inside Spot Value worked example

    6. Historical Rollover

    1. Post Assessment

    1. Congrats! Heres's what's next...

    2. Before you go...

About this course

  • $299.00
  • 20 lessons
  • 3.5 hours of video content

Topics covered

This course introduces you to the fundamental building blocks of the Foreign Exchange market, exposing you to the spot market, cross rates, forward exchange contracts, influencing factors on the Forex market as well as a sneak preview of swaps.

  • An overview of the Forex Market

  • Spot FX Market

  • Foreign Exchange Derivatives

  • Foreign Exchange Swaps

Pricing

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Instructor

Meet who you will learn with

Lisa Ann Morris

Course Director

Lisa started work in the financial markets in 1998, primarily in the treasury dealing rooms at Standard Bank and later Rand Merchant Bank. Specialising in structured derivative products, her main focus was offering foreign exchange derivatives as structured solutions which later broadened into interest rate and commodity derivatives. FX options are her greatest passion. Her workshops are well attended throughout South Africa, Botswana, Kenya and other neighbouring regions.

Social proof: testimonials

“A great refresher!”

Debbie Hite | Nedbank South Africa | Senior Dealer

“Great introduction course!”

Phathu Matamela | Nedbank south Africa | Trainee Dealer

“Execellent course, I would highly recommend”

Siphosomhle Kamkam | Absa Africa | FX Trader

“The workshop was informative and helped me to gain a better understanding of trade and treasury products that will help me to cross sell to my clients.”

Shazmir Dhanji | Equity Bank Kenya | Business Growth

“The workshop was a great refresher and eye opener of treasury products. It improve my knowledge and skills in treasury product as we encounter/engage clients in the market. Handling clients dealing with international trade and FX made easier. I highly recommend the course to all staff in front office and marketing for cross selling and advisory services.”

Reuben Kimutai Ruttoh | Equity Bank Kenya | Business Growth

“It was very detailed, informative and would highly recommend attending.”

Irene Wanjiru Irungu | Equity Bank Kenya | Business Growth

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