A Highly Interactive Training Course On

Foreign Exchange Market and Derivatives

Managing FOREX & Risk Using Derivatives

Foreign Exchange Market and Derivatives
Course Schedule

CLASSROOM

07-11 Apr 2025
Dubai
$5,950
21-25 Jul 2025
London
$5,950
08-12 Dec 2025
Dubai
$5,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

Exchange rate volatility can have significant adverse effects, making it essential to develop a thorough understanding of Foreign Exchange Markets and Instruments to anticipate changes and manage them effectively. This Foreign Exchange Market and Derivatives training course offers the knowledge and skills necessary to navigate these challenges.

Derivatives are crucial for hedging and managing risk. But what are derivatives, and how can they mitigate risks related to volatile exchange rates, commodity prices, interest rates, and even weather conditions?

This Coventry Academy training course delves into the latest tools and techniques, providing delegates with a comprehensive understanding of Forwards, Options, Futures, Swaps, and more exotic derivatives like Swaptions. Participants will leave equipped not only with extensive knowledge but also with the practical skills needed to manage risks facing their organization.

Key features of this training course include:

  • Skills development through interactive sessions and evaluation of real-life case studies relevant to your organization
  • In-depth exploration of the Foreign Exchange Market and Instruments
  • Latest tools and techniques for managing exchange rate risk
  • Practical applications of derivatives for risk management
  • Key discussions on the organizational benefits of effective risk management strategies

What are the goals?

By the end of this Coventry Academy training course, participants will be able to: 

  • Outline the nature of Foreign Exchange Markets and the Determinants of Exchange Rates
  • Manage Exchange Rate Risk effectively
  • Use Derivatives to Manage Risk – Exchange Rates, Commodity Prices, Interest Rates etc
  • Trade on Derivative Markets
  • Guard against the Risks of Trading in Derivatives

Who is this Training Course for?

This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:

  • Managers and supervisors dealing with Foreign Exchange
  • Treasury Management Derivative traders
  • Risk Management
  • Foreign Exchange Dealers
  • Those with a need/desire to understand new Financial Instruments & Techniques

How will this Training Course be Presented?

This Coventry Academy training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:

  • Interactive Case Studies from the real world/delegates’ company
  • Discussion and Evaluation of the latest international tools & techniques
  • Role play
  • Pre & Post Course Assessments

Participants will also be given a detailed set of handouts and examples in both printed and electronic format

The Course Content

Day One: Foreign Exchange Markets
  • Foreign Exchange Rate Regimes/Systems
  • The Nature of the Foreign Exchange Market
  • Market Size & Types of Transactions
  • (FOREX) Exchange Rate Quotations
  • Calculating Forward Rates & their Cost/Benefit
  • The Determinants of Exchange Rates: Purchasing Power Parity Theory & Interest Rate Parity Theory
Day Two: Managing Exchange Rate Risk
  • Defining and Identifying Exchange Rate Risk
    • Transaction
    • Translation
    • Economic
  • Measuring and Evaluating the Risk
  • Determining the Risk Management Strategy – assessing impact and probability
  • Internal Hedging Techniques
  • External Hedging Techniques & Strategies
  • Forward Exchange Contracts, - Fixed and Option
Day Three: Derivative Markets & Products
  • What are Derivatives & Major Derivative Markets?
  • Hedging, Speculation, Arbitrage and Securitisation - the purpose, benefits, and risks
  • Forwards V Options – Calls & Puts; European & American
  • Options: Pricing (The Black & Scholes Model) Delta, Gamma, Theta, Vega & Rho and their implications
  • Futures – Market Correlation; Margin Payments, Ticks etc.
  • Currency Swaps
Day Four: Using Derivatives to Manage Risk        
  • Risk or a Risk Management Tool?
  • Controlling Derivative Trading
  • Interest Rate & Commodity Derivatives
  • Other Derivatives: Credit Default Obligations & Credit Default Swaps & Exotic Derivatives, Swaptions etc
  • The Impact on Financial Statements
  • CASE STUDY: Using Derivatives (Forwards, Options, Futures & Swaps) to Manage Risk
Day Five: Trading Techniques and Strategies in Foreign Exchange Markets
  • The Six Forces of Forex
  • Fundamental Analysis and Leading Market Indicators
  • Technical Analysis and Patterns and Forecast Methods
  • The 20 Issues you must consider dealing with Forex Markets
  • Tips for Successful Trading in Forex Markets
  • Simulation: a Trading day in Forex Platform