Thu Nov 3, 12-3p (ET)

FX / Forex – Foreign Exchange Introduction

3-Hour Virtual Power Session

Format: Live Virtual

Date: Nov 3

Time: 12-3p (ET)

CPE Credits: 3.5

$399

Enroll in this Course

Learn the skills you need to trade Foreign Exchange in the FX Spot and FX Forward market

FX directionality and trading conventions aren’t taught in a textbook. Skip the theoretical and learn how we trade FX on the trading floor.

Decode the JargonWhich currencies are quoted in American Terms versus European Terms? Which currency is the base currency or the terms currency? If the exchange rate went up, did the Euro strengthen or the US Dollar? What about the Japanese Yen vs. US Dollar?
Trade the Spot MarketIf you wanted to buy 1 million Euros and sell USD dollars, do you use the left exchange rate or the right? If you were a salesperson and made half of the bid-to-mid spread, how much money is that transaction worth for you? After this Power Session - you'll have all the practical skills to execute and trade any FX spot transaction.
Demystify the Forward MarketThe forward market is where Rates and FX are combined. We'll talk through the different trades: outright versus swap. We'll analyze the impact of dates, shorter- versus longer-dated forwards. We'll convert the forward points into implied interest rate differentials.

What You'll Learn

Understand the roles of key FX Market Participants including Corporates, Issuers, investors and Speculators
Develop an intuitive understanding of why currencies strengthen or weaken
Determine value dates and settlement dates across major currency pairs
Decode FX Jargon including: European vs. American Terms and Base vs. Terms Currency
Convert amounts from one currency to another
Interpret FX Directionality, which currency is strengthening vs the other currency
Demystify electronic FX trading conventions and platforms
Communicate in FX units including pips and big figures
Determine the appropriate rates for a transaction (bid vs. offer)
Calculate the cashflows of a foreign exchange trade and the profit and loss on a transaction
Understand the drivers of why forward rates differ from spot rates
Demystify FX Forward transactions: Outright versus Swap
Calculate Forward Points and Implied Interest Rate Differentials
Understand how FX options are quoted and traded
Calculate payouts for FX Options

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Wall Street Prep training is used at ...

Who is this boot camp for?

FX Salespeople and Traders at Investment Banks
Finance and Treasury professionals at multi-national companies and banks
FX Traders and Portfolio Managers at Hedge Funds
FX Traders and Portfolio Managers at Asset Managers
Finance students and anyone looking to break into the FX Industry

Boot Camp Details

Revisit what you learn This virtual seminar will be recorded and available for you to review any time from your Wall Street Prep learning dashboard.

Overview

This boot camp is an intensive training program where we introduce trainees to foreign exchange, including drivers of currency movements, trading conventions, and forward transactions.

Virtual Training Sign-In and Setup

Instructions on signing into this virtual session will be sent to you prior to the event date. Learn about technical details and more at our Virtual Training FAQ.

Schedule

This virtual training session is scheduled for 10a-4p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and interactive polls and contests.

What’s Included?

Comprehensive training materials (manuals and online exercises), Detailed reusable modifiable Excel model templates, Unlimited e-mail support for content-related questions for 12 months post-seminar.

Prerequisites

None. This course is designed as an introductory level course.

CPE Credit

CPE logo Wall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Cancellation Policy

Participants may cancel up to 3 weeks prior to the event for a full refund. A 20% cancellation fee will apply up to 1 week prior to the event. No refunds will be granted for cancellations made within 1 week of the event. Wall Street Prep reserves the right to cancel the seminar if enrollment is insufficient. Trainees will be refunded in full in the event of a cancellation.

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Trainee Reviews

"Great in-depth view of S&T! The exercises and simulations were pointed and relevant and Eric was knowledgeable, patient and personable, which made an otherwise dry topics quite entertaining. Loved it."

— Davis K.

"This course covers a lot of material in a short amount of time. Eric did a very good job engaging everyone and kept it interesting and entertaining."

— Hansen L.

"Highly relevant to the job. Presenter is very experienced in the field."

— Kelvin L.

"It’s a great overview of the practical things we need to know on the desk. This training went well with with the general training [my company] gave us, but I feel more prepared for my specific role now."

— Raymond F.

"Very informative! I have learned more in two days with Eric than then in seven days of [my company’s] S&T internship program."

— Jon K.

"I feel so much faster with Bloomberg — monitoring the markets, finding data, calculations, etc. Would highly recommend this course."

— Gregory P.

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Why attend a boot camp?

Comprehensive training

Our live courses pulls no punches. Each boot camp is the same intensive training used to prepare incoming analysts at top financial institutions.
Learn by doing

Attendees “learn by doing” by working through practical exercises and building financial models from scratch using real case studies.
Networking opportunity

Boot camps provide an opportunity to network with MBAs and professionals from industries including investment banking, corp dev and FP&A.
Experienced instructors

Our instructor-practitioners are experienced bankers who give real-world context by connecting training to their own experience on the desk.
Excel Mastery

Our training reinforces speed, efficiency and consistency in Excel that investment banking analysts are expected to have on Day 1.
Continuing ed & webinars

Enrollment to most boot camps includes access to our continuing education online training platform and webinar series.

Earn 3.5 CPE Credits for this Seminar

Wall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Questions? We're standing by.

To learn more about this boot camp, fill out the form below or call us at: 617-314-7685