Course Info
Code IND12-114
Duration 5 Days
Format Classroom
Course Summary
With the online world becoming incredibly vast, there has been a rise in purely digital currencies, such as bitcoin. These cryptocurrencies come with their own markets, exchange rates, policies and risks. It is crucial to gain a comprehensive understanding of cryptocurrencies to better prepare for their involvement in money markets and FOREX transactions, and to predict how they will become further entwined in daily functions.
- To understand the importance of money markets, FOREX, and global banking.
- To analyse the risks faced during cash and digital FOREX transactions.
- To assess the role of financial intermediaries.
- To explain the process of balancing daily cash flow transactions through financial intermediaries.
- To examine various strategies of managing banking, money market transactions and relationships.
- To describe the different balances in a central bank monetary policy structure.
- To effectively create various documents and analysis detailing a business’ finances and transactions.
- To explore the key differences between currency swaps and FOREX cash and future markets.
- Financial Advisors
- Banking Managers
- FOREX Software Developers
- Finance Managers
- Operations Managers
- FOREX Industry Regulator
- Global Banking Analysts
Course Content & Outline
Section 1: Introduction to Global Banking
- Describing what global banking entails.
- Defining central banks and their variations of monetary policies.
- How digitalisation of banking services has evolved the global market.
- Evaluating how funds management policies compare between commercial banking and private clientele.
- Common types of electronic fund transfers.
- Associated risks with ‘offshore banking’ and non-regulated transactions in reference to both bank and client.
Section 2: Global Money Markets
- Understanding the various balance types – M1, M2, M3 and L.
- The importance of trade credit letters, repurchase agreements and commercial paper.
- Global interest rates and their implications – T-bills and the yield curve.
- The role of short-term bank instruments and certificates of deposit.
- Fixed and variable bank lines of credit.
- Methods and strategies for managing cash flow.
Section 3: Foreign Exchange and Global Currency Variations
- Assessing the trend of digital currencies.
- The advantages and disadvantages of using digital currencies for foreign exchange.
- Purchasing power parity and FOREX conversion pricing.
- Calculating conversion rates and their influences.
- Prioritising risk management and mitigation for foreign currency and long and short currency future contracts.
- Roles and responsibilities of speculators, hedgers, and ultimate long positions in FOREX markets.
Section 4: Global Swap Markets
- The traditional and modern role of the swap market for foreign currency and interest rate exchanges.
- The various types of interest rate swaps – fixed-for-fixed, fixed-for-floating, and floating-for-floating.
- Analysing the nominal principle and settlement valuations.
- Minimising costs and risks while maximising profits through global financial intermediation.
Section 5: Banking Frontiers, Functions and Cryptocurrencies
- The design, development and launch of bitcoin.
- How bitcoin has paved the way for cryptocurrencies.
- Managing direct ‘peer-to-peer’ financial transactions.
- Signification changes relating to global banking fees.
- Privacy laws and financial disclosure.
Embark on a journey through the realm of treasury risk management and products, essential for safeguarding financial interests. Learn how risk managers mitigate risks, why it matters, and the treasury risk management process.
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