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DTSTART;VALUE=DATE:20260922
DTEND;VALUE=DATE:20260927
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048304-1790035200-1790467199@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm Email		\n			Applicant Details of\n			\n		\n		Phone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2026-09-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20261022
DTEND;VALUE=DATE:20261027
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048305-1792627200-1793055599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Course Name Email\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2026-10-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20261122
DTEND;VALUE=DATE:20261127
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10033801-1795305600-1795737599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participants		\n			Line Information Address\n			\n		\n		Additional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2026-11-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20261222
DTEND;VALUE=DATE:20261227
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048306-1797897600-1798329599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participants		\n			Type Participants Address\n			\n		\n		Additional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2026-12-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270122
DTEND;VALUE=DATE:20270127
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048307-1800576000-1801007999@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Participants Line 2\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-01-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270222
DTEND;VALUE=DATE:20270227
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048308-1803254400-1803686399@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *		\n			Name Applicant Email\n			\n		\n		Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-02-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270322
DTEND;VALUE=DATE:20270327
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048309-1805673600-1806105599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)		\n			Additional 3 Number\n			\n		\n		Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-03-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270422
DTEND;VALUE=DATE:20270427
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048310-1808352000-1808783999@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLast		\n			details Organization Address\n			\n		\n		Number of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-04-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270522
DTEND;VALUE=DATE:20270527
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048311-1810944000-1811375999@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional Information		\n			of Line Number\n			\n		\n		Organization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-05-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270622
DTEND;VALUE=DATE:20270627
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048312-1813622400-1814054399@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Course Email Course\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-06-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270722
DTEND;VALUE=DATE:20270727
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048313-1816214400-1816646399@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participants		\n			Type Contact Organization\n			\n		\n		Additional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-07-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270822
DTEND;VALUE=DATE:20270827
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10033809-1818892800-1819324799@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participants		\n			from Course Additional\n			\n		\n		Additional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-08-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270922
DTEND;VALUE=DATE:20270927
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048314-1821571200-1822003199@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubai		\n			3 Details Course\n			\n		\n		Additional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-09-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20271022
DTEND;VALUE=DATE:20271027
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048315-1824163200-1824595199@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *Address		\n			Line Type Course\n			\n		\n		Address Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-10-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20271122
DTEND;VALUE=DATE:20271127
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048316-1826841600-1827273599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)		\n			Phone Organization organization\n			\n		\n		Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-11-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20271222
DTEND;VALUE=DATE:20271227
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048317-1829433600-1829865599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional Information		\n			Details Organization from\n			\n		\n		Organization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2027-12-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280122
DTEND;VALUE=DATE:20280127
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048318-1832112000-1832543999@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *		\n			details from organization\n			\n		\n		Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-01-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280222
DTEND;VALUE=DATE:20280227
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048319-1834790400-1835222399@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLast		\n			3 2 Email\n			\n		\n		Address Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-02-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280322
DTEND;VALUE=DATE:20280327
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048320-1837296000-1837727999@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Venue Contact Email\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-03-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280422
DTEND;VALUE=DATE:20280427
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048321-1839974400-1840406399@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm Email		\n			Address Name Additional\n			\n		\n		Phone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-04-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280522
DTEND;VALUE=DATE:20280527
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048322-1842566400-1842998399@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLast		\n			2 Line of\n			\n		\n		Number of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-05-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280622
DTEND;VALUE=DATE:20280627
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048323-1845244800-1845676799@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)		\n			Name Number Information\n			\n		\n		Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-06-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280722
DTEND;VALUE=DATE:20280727
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048324-1847836800-1848268799@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)		\n			Course organization Email\n			\n		\n		Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-07-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280822
DTEND;VALUE=DATE:20280827
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048325-1850515200-1850947199@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLast		\n			of Additional Details\n			\n		\n		Address Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-08-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280922
DTEND;VALUE=DATE:20280927
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048326-1853193600-1853625599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLast		\n			Email Organization Name\n			\n		\n		Number of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-09-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20281022
DTEND;VALUE=DATE:20281027
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10033823-1855785600-1856217599@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participants		\n			Organization Course from\n			\n		\n		Additional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-10-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20281122
DTEND;VALUE=DATE:20281127
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048327-1858464000-1858895999@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Phone Number Course\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-11-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20281222
DTEND;VALUE=DATE:20281227
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048328-1861056000-1861487999@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Phone Number Course\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2028-12-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20290122
DTEND;VALUE=DATE:20290127
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048329-1863734400-1864166399@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLast		\n			organization Type 3\n			\n		\n		Organization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2029-01-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20290222
DTEND;VALUE=DATE:20290227
DTSTAMP:20260202T123125Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T123125Z
UID:10048330-1866412800-1866844799@basatraining.com
SUMMARY:Foreign Exchange\, Money Markets and Derivatives
DESCRIPTION:Foreign Exchange\, Money Markets and Derivatives\nWhy Attend\nThe global foreign exchange (FX) and money markets are the world’s largest markets and pivotal parts of the financial system.  In foreign exchange alone\, more than $5 trillion of transactions occur daily. These markets provide funding\, trading and investment opportunities and are the conduit between all other components of the world’s capital markets. In recent years\, the importance of the money markets has become even greater as financial institutions focus more closely on the management and diversification of their sources of liquidity\, apply greater discipline to their funding and examine the attractions of short-term investment and trading strategies. \nThis course provides a strong foundation on the instruments and activities of the international money and FX markets; and it focuses on the current profile of the markets and offers insights based on the lessons learned from the 2007-09 financial crisis as well as the latest market developments. \nMoreover\, the course emphasizes the integrated nature of FX\, money markets and derivatives. Mastering the mechanics and usages of such instruments provides excellent opportunities for arbitrage\, hedging and risk management for those engaged in corporate treasury functions\, commercial banks and asset management companies. The course also analyses the liquidity characteristics and risks of different instruments and funding strategies. \n\nCourse Methodology\nThis course uses a wide range of learning methods\, including explanatory slides\, case studies\, detailed examination of Excel models in an interactive workshop style environment and others. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nDevelop a deep understanding of the FX market\, its mechanics and major participants\nAnalyze the role and impact of central banks on FX and money markets\nExamine the nature of money supply\, open market operations and quantitative easing\nDemonstrate a thorough understanding of liquidity\, capital adequacy and solvency\nApply analytical skills to key financial products within global money markets\nExplain the logic and uses of financial derivatives – forwards\, swaps and options\nDevelop an understanding of key strands of financial risk management\n\n\n\nTarget Audience\nThis course is suitable for all those working within the banking industry\, including wealth managers\, auditors\, accountants\, finance specialists\, risk managers\, and treasury and product control professionals.  It is also suitable for those working with financial services and in corporate finance positions. \n\n\nTarget Competencies\n\nExchange rate and interest rate risk best practices\nAnalyzing unorthodox policies\nGlobal money\, FX markets\, and capital flows\nThought leadership\n\nOutline\n\n\nInterface of money markets and foreign exchange (FX)\n\n\n\nSize of the markets\nIssuance of Treasury instruments\, repos\, and commercial paper\nOverview of the Euromarkets\nLegacy issues relating to London Interbank Offered Rate (LIBOR)\nSecured Overnight Financing Rate (SOFR)\, SONIA\, ESTER\nTreasury bill issuance in different jurisdictions\nThe mechanics of the Repo market\nForward rates for interest rate and FX\nEffective yields when risk adjusted for FX exposures\nArbitrage and interest rate parity\nCurrent market conditions\nRisk premia\, key money markets spreads and currency outlook\n\n\n\nRole of central banks in the financial system\n\n\n\nOverview of central banks\n\nFederal Reserve\nEuropean Central Bank\nPeople’s Bank of China\nBank of Japan\nBank of England\n\n\nStructure of a central bank balance sheet\nCharacteristics of central bank’s assets and liabilities\nLender of last resort\nSummary of Open Market Operations\nUnorthodox monetary policy including quantitative easing (QE)\nIndependence of central banks\nFinancial stability and macro-prudential policy\nForward guidance and transparency of decision making\nManagement of FX reserves and exchange rate policy\nNature of payments systems – real-time gross settlement systems (RTGS)\, net settlement\, Fedwire\, Target2\n\n\n\nMonetary policy and money supply\n\n\n\nOverview of the policy committees\n\nFederal Open Market Committee (FOMC)\nMonetary Policy Committee of the Bank of England (MPC of BOE)\nEuropean Central Bank (ECB Governing Council)\nThe People’s Bank of China (PBOC) governance\n\n\nOverview of money supply\nMonetary tools and how they impact money supply\nHow is money created in a modern economy\nInflation targeting\nCentral bank reserves\nExplanation of the Taylor rule\nTerm structure of interest rates\n\n\n\nForeign exchange market characteristics\n\n\n\nSize of market\, volumes\, participants\, major currency pairs\nRegional breakdown of where and when most FX trading takes place\nKey role of London market in FX trading\nHistorical background to today’s FX market\nRole of the International Monetary Fund (IMF) and Special Drawing Rights (SDR’s)\nGlobal FX reserves\nReview of several key historical FX rates\nPrice of gold and relationship to the US Dollar index\n\n\n\nInterest rate (IR) swaps\n\n\n\nBasic structures and terminology of swaps\nBusiness case for using IR swaps\nContrast money market rates and IR swap rates\nNotion of swap as an aggregation of forward rate agreements\nPricing the fixed leg and interpreting the swap markets\nCounter party risk\nRecognition that credit valuation adjustment (CVA) is integral part of trading practices and pricing of derivatives and not just a regulatory (Basel) issue\nOver-The-Counter (OTC) market versus Swap Execution Facilities (SEF’s)\nCollateralized OTC trades versus margin based Central Clearing Party (CCP) platforms\nNetting arrangements\n\n\n\n\n\n\n\nCredit default swaps (CDS)\n\n\n\nTerminology – protection buyer/seller\, reference entity\,\nNaked CDS positions\nContrast between a CDS and a financial insurance contract\nEquating actual and contingent payments\nInputs to model – default probabilities\, loss given default (LGD)\, forward curve\nSovereign and corporate markets\nSingle name CDS versus basket products\, nth to default structures\nDetermination of a credit event\nRecent amendments to the International Swaps and Derivatives Association (ISDA) protocols on determination of credit events\nISDA protocols\n\n\n\nUsing derivatives for general hedging purposes\n\n\n\nKey concepts of hedging equity and fixed income risk with derivatives\nUsing index futures and options to hedge equity portfolio\nHedge ratio calculation for equity futures\nCalculating portfolio beta\nOptions strategies\nUsing forwards to hedge forex risk\nSwaps to hedge credit risk\nUsing variance swaps to hedge volatility risk\n\n\n\nAsset/liability management and the treasury function\n\n\n\nInterest rate risks\nMarket risk i.e. re-valuation of bank holdings from changes in interest rates\nAccounting issues related to fair value accounting\nDuration gap analysis\nInterest rate forecasting\nReview of inflation protected securities\nEstimating the Term Liquidity Premium in money markets\nFunds Transfer Pricing (FTP) mechanics\nContingency buffers for liquidity risk management\nFunding Value Adjustment (FVA)\nBank funding curves\nApplying the correct FTP charges for strategic balance sheet management\n\n\n\nThe global regulatory framework\n\n\n\nOverview of the Basel III framework\nKey provisions of Basel III related to market risk\, credit risk\, liquidity risk and operational risk\nPillars 2 and 3 of Basel accords and role of central banks as supervisors\nContrast macro-prudential policy initiatives with traditional micro-prudential\nPro-cyclical and counter-cyclical risk management\nDodd Frank Act and Financial Stability Oversight Council (FSOC)\, Volcker rule\nRegulatory investigations into market abuse\nUSA – the Federal Reserve\, Treasury\, Securities and Exchange Commission (SEC)\, Commodity Futures Trading Commission (CFTC)\, Federal Deposit Insurance Corporation (FDIC)\nUK – Bank of England\, Prudential Regulation Authority (PRA)\, Financial Conduct Authority\nEuropean Union – ECB\, the European Stability Mechanism (ESM)\, the European Securities and Markets Authority (ESMA)\nTrans national – Bank for International Settlements (BIS)\, Global Financial Stability Board etc.\nSarbanes-Oxley – risk disclosure\, stringent accounting requirements\, impact on IT policies\nVolcker Rule – restrictions on activities/structure of banks\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and 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URL:https://basatraining.com/course/foreign-exchange-money-markets-and-derivatives-4/2029-02-22/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Auditing and Governance
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/arthur-a-RxbkUG80Rag-unsplash.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
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