Featured Course
Currency Forwards
Duration: 75 Minutes (2.00pm GMT Friday 29th March 2012)
Course Overview
At the end of this online session participants will be able to
- Describe how a currency forward position is valued
- Calculate gains and losses
- Outline how currency forwards can be used to hedge assets
- Describe how currency forwards can be used to hedge liabilities, in particular, share classes
Course Content
- Foreign exchange market
- Introduction
- Spot trades
- Forward trades
- Forward points
- Direct and indirect quotes
- Bloomberg functionality
- Valuation
- Valuation policy
- Unrealised gain/loss calculation
- Realised gains and losses
- Hedge – Portfolio
- Principle
- Practical example
- Application of hedging policy in practice
- Hedge – Share class
- Principle
- Demonstration
- Quiz
Who should attend?
Participants who need to understand how currency forwards are used and how gains/losses are calculated.
No previous knowledge is required.
Organisation types: fund administration, investment management, treasury, trustee, banking, prime broker, audit.
FOR FURTHER DETAILS: email (JavaScript must be enabled to view this email address)
