- Platform
- EdX
- Provider
- New York Institute of Finance
- Effort
- 1 to 2 hours per week
- Length
- 2 weeks
- Language
- English
- Cost
- $89
- Part of
- Course Link
Overview
This course discusses the structure and trading conventions of the foreign exchange (FX) markets for both spot (immediate delivery) and forward (future delivery) transactions.
You will learn about the characteristics of foreign exchange markets and how to calculate FX rates.
This course will use examples to illustrate the no-arbitrage calculation of cross rates and forward rates along with their use for hedging FX exposures.
What you'll learn
Taught by
Jack Farmer
[parsehtml]<a class="button" style="height: 100%; padding:14px 14px 14px 14px !important; color: white; font-size: 18px; font-weight: bold; margin-bottom: 10px;" href="https://www.edx.org/course/introduction-foreign-exchange-fx-new-york-institute-finance-cm3-x"target="_blank">Go To Course</a>[/parsehtml]
This course discusses the structure and trading conventions of the foreign exchange (FX) markets for both spot (immediate delivery) and forward (future delivery) transactions.
You will learn about the characteristics of foreign exchange markets and how to calculate FX rates.
This course will use examples to illustrate the no-arbitrage calculation of cross rates and forward rates along with their use for hedging FX exposures.
What you'll learn
- Identify the trading conventions used by FX markets for both spot (immediate delivery) and forward (future delivery) transactions.
- Calculate cross rates between two countries.
- Calculate forward exchange rates based on the level of interest rates in each country.
- Understand the use of FX forwards for hedging currency risks.
Syllabus
LO1: Foreign Exchange Rates Overview LO2: Characteristics of FX Markets LO3: Foreign Exchange: Exposure and Cross-Rates LO4: Spot Markets LO5: Virtual Currency
LO1: Foreign Exchange Rates Overview LO2: Characteristics of FX Markets LO3: Foreign Exchange: Exposure and Cross-Rates LO4: Spot Markets LO5: Virtual Currency
Taught by
Jack Farmer
[parsehtml]<a class="button" style="height: 100%; padding:14px 14px 14px 14px !important; color: white; font-size: 18px; font-weight: bold; margin-bottom: 10px;" href="https://www.edx.org/course/introduction-foreign-exchange-fx-new-york-institute-finance-cm3-x"target="_blank">Go To Course</a>[/parsehtml]