WHAT'S NEW?

FINANCIAL MARKET COURSES

FX Spot Market – Trading

Every second of the day the value of currencies will change, driven by global trade, investment, and speculation. This is a world where bulls and bears fight for control, where a “yard” is a billion and “cable” is an exchange rate between two of the most active currencies.

 

This course looks at the buying and selling of currencies, the means by which currencies are traded, and how trades are actually transacted in the market. The course also describes the positions that traders may take in currencies, the constraints that may be applied to those positions, and how the profit/loss on those positions is calculated.

  • OBJECTIVES

    On completion of this course, you will be able to:

    Recognize the typical dealing room terminology relevant to the spot FX market

    Outline how a spot deal is conducted

    Calculate a cross rate

    Describe how to run a position and square a position with a profit

  • COURSE OUTLINE

    Topic 1: Mechanics of Spot Trading

    Buying & Selling Currencies

    Electronic Trading

    o A Typical Trading Screen

    o Identifying a Good Price

    o Bid-Offer Spread

    Voice/Telephone Trading

    o Verbal Trading Jargon

    o Dealing Etiquette

    Trading Jargon

    Topic 2: Managing Spot Positions

    Open & Square Positions

    o Taking a Position

    o Making a Profit

    Position Control

    o Trading Limits

    o Impact of FX Spread

    Calculating Profit & Loss

    Average Rate

    Marking-to-Market

    Shading the Price

    Stop-Loss Orders

    FX Risk Management

  • PREREQUISITE KNOWLEDGE

  • ESTIMATED COMPLETED TIME

    60 Minutes

Next Course

VIEW COURSE

INTRODUCTORY

Support

Accreditations

General: info@intuition.com

Accounts: ar@intuition.com

http://support.intuition.com

Intuition engages with over 30 accreditation bodies to ensure Know-How can be used for CPE credits. If your organization needs CPE from a body not listed below, contact us and we will endeavour to have them included.

© Copyright 2016 by Intuition. All Rights Reserved.