Foreign exchange is a business of exchanging one currency for another. All major currencies now move independently of other currencies, being traded by anyone who wishes. Thus, Foreign Exchange is the mechanism that facilitates global trade and finance. But how much do you know about how it works? This training course is designed to help participants to: (1) Explore how foreign exchange developed into the various regimes we have now. (2) Identify who needs FX and why? (30 Understand what drives the FX market.
For Whom: Hedge funds, banks, brokerage houses, corporations, and individuals who wish to participate in the foreign exchange market either on a speculative basis, to facilitate transactions, or to hedge against currency risks associated with their core business.