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Introduction to Foreign Exchange (FX)

Get introduced to the structure and trading conventions of the foreign exchange markets.
Introduction to Foreign Exchange (FX)
This course is archived
Future dates to be announced
Estimated 2 weeks
1–2 hours per week
Self-paced
Progress at your own speed
Cost to Enroll
$89 USD

About this course

Skip About this course

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.

At a glance

  • Language: English

What you'll learn

Skip 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.
LO1: Foreign Exchange Rates Overview LO2: Characteristics of FX Markets LO3: Foreign Exchange: Exposure and Cross-Rates LO4: Spot Markets LO5: Virtual Currency

About the instructors

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