Foreign Exchange – Deliverable Forwards

Foreign Exchange – Deliverable Forwards Overview

This course titled Foreign Exchange – Deliverable Forwards covers a wide range of important topics, teaching you how to use deliverable forwards effectively. First, you will learn the benefits and drawbacks of these tools and understand how forward points work. We will explore forward FX prices, forward cross rates and forward FX broken dates. You will also learn strategies to deal with interest exposure, as well as how to manage a nostro account. After this course, you will have a more comprehensive understanding of how to use deliverable forwards to your advantage.

Foreign Exchange – Deliverable Forwards Learning Objectives

• Explain the financial benefits of using FX deliverable forwards
• Identify the differences between a spot, a forward, and a forward outright
• Gain familiarity with forward foreign exchange terminology and understand its limitations
• Calculate forward FX prices, forward cross rates, and forward FX broken dates      
• Use forward FX trades to manage a nostro account and interest rate exposure

 Who Should Take This Course?

This Foreign Exchange – Deliverable Forwards course is great for anyone considering hedging currency risk exposure. Anyone interested in a career involving forwards or currency trading can benefit by understanding the key ideas discussed in this course.