Forex Treasury Management & Operations - A Compact Guide

________________________________________________________Updated with 8 Assignments with solutions to evaluate your understandingMore than 60 Practice Test and Quiz and examples________________________________________________________Understanding forex can be tricky. But once you understand the foreign exchange arithmetic, it becomes so interesting. This course attempts to explain how banks deal in forex in simple language, keeping it crisp and to the point.

After completing this course you will know how forex rates are decided, how banks deal with their foreign exchange customers, and how they handle their forex exposures using cover operations. Understanding these concepts is vital to secure a certificate in any forex dealing and treasury examination. You will learn -Overview of the Foreign Exchange MarketWhat is foreign exchange.

Participants and Segments of the Forex marketCurrencies and QuotationsMajor Currencies and ISO CodesHow Currencies are Quoted - Direct and Indirect QuotationsTwo way Quotations - Bid and Ask QuotesWhat is Pip, Big Figure, Small Figure. How abbreviations work in the Offer side of a Two Way Quote. Hierarchy of Currencies - Which will be the Base Currency.

Cross RatesCalculation of Cash, Tom, Spot, Forward DatesWhere one currency is USDIn cross ratesSpot Merchant Deals and Corresponding Cover OperationsUnderstanding Exchange Position and Fund Position of a BankUnderstanding Spot Buy and Sell Transactions and Corresponding Cover OperationsCalculation of Spot Rate - USD one of the CurrenciesCalculation of Cross Spot RateForward and Cash Merchant DealsForward Contracts and Factors affecting Forward DifferentialHow are Swap Points Denoted. Calculation of Forward RatesCalculation of Cross Forward RatesCalculation of Cash RatesCover Operations of Forward and Cash deals - Forex SwapWhat is a Forex Swap. Forex Swap for Forward SettlementsForex Swap for Cash SettlementsRegulation of Treasury Operations and Market PracticesCode of ConductMarket Terminologies and Sample Deal ConversationAssignments and Practice TestThis course is meant for -Aspiring forex dealers of banksStudents of Forex and Treasury certificate examinationsAnyone interested in learning about forex rates.