Foreign Exchange Specialist Course

Kaplan Professional, a leading national provider of education in financial services offers the Foreign Exchange Specialist course for individuals wanting to gain an understanding of specialist foreign exchange.

This course introduces individuals to the concepts of foreign exchange as they apply to retail clients. Individuals will gain an understanding of managing risk and tax requirements when dealing with retail client portfolios. Spot transactions, debt securities, forward markets and currency options will also be covered.

Learning Outcomes:

On successful completion of the Foreign Exchange Specialist course, individuals should be able to:

• Outline the characteristics of foreign exchange markets and their associated risks.
• Analyse the exchange rate, the mechanics of an FX quotation and spot transactions.
• Apply the concept of forward transaction and how to calculate forward exchange rates.
• Explain how option buyers can obtain insurance against adverse movements in exchange rates, and retain the benefit if favorable rate changes occur.
• Demonstrate the technical skills related to Foreign Exchange within the financial planning industry.
• Explain the obligations relevant to the provision of retail financial advice in foreign exchange.
   

Topics:

• Topic 1:   Foreign exchange markets
• Topic 2:   Spot transactions
• Topic 3:   Foreign exchange forward markets
• Topic 4:   Currency options
• Topic 5:   Foreign exchange risk management and tax.