Currencies and Foreign Exchange Markets Training - Short Сourse

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Currencies and Foreign Exchange Markets

Currencies and Foreign Exchange Markets

Discover the biggest market in the world!

Coming soon

Starts in:

– – Days
– – Hours
– – Min
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Course category:

In-Depth

Location:

Online

Duration:

2 days

Time:

6 hours/day

Class size:

25 students

A short course helping you navigate currency markets and risks.

During the two-day training, you will explore the world of foreign exchange, study its market players and learn the specifics of FX products. We will start with the history of money, discuss the features of modern FX markets and its drivers and conclude with various FX derivative products that are available to investors.

There are no prerequisites for this course – even though some basic understanding of financial markets would be helpful, it is not required.

What will you learn?

By the end of the course, you will:

Gain a solid understanding of foreign exchange markets, its major players and various FX products.
Learn how to exploit the interest rate differential between two countries (and how it can be a bad idea to do so).
Appreciate the impact of macroeconomic drivers on FX markets.
Find out whether a strong or a weak currency is better for the country and its people.
Understand what are currency wars and why governments engage in them.
Explore why gold is considered a currency and why bitcoin may not be.
Recognize how geopolitics impact global FX rates.
Be able to explain how countries manage their currencies and analyze the effectiveness of each method.
Identify how international corporations hedge their FX risk and learn the benefits and limitations of different strategies.
Apply the theories of FX rate determination.

And much more!

Who is the course for?

Private traders and investors, looking to learn about currency markets.
Professionals within the financial industry or those providing services to the financial sector.
Professionals in non-financial industries performing financial functions, such as corporate treasury, accounting, and investor relations.
Students, preparing for an upcoming internship or starting their careers in finance.
Anyone working in or looking to understand FX markets.

Who is teaching the course?

Sergei Perfiliev

Active trader specializing in Equity Derivatives and Volatility trading.
Former Goldman Sachs Quantitative Analyst.
Working in finance since 2008.
Professional career includes Nomura, Bloomberg and Goldman Sachs.
Cross asset-class experience covering Equities, Fixed Income, FX and Commodities.
Teaching financial courses since 2013.
Holds Masters of Engineering from Imperial College London.
Holds Masters of Science in Mathematical Finance from University of Oxford.

Course content:

Day 1

History and Key Functions of Money:
- Key requirements for a currency.
- The gold standard.
- Fiat currency.
- US Dollar.
- The Euro.
Overview of Key Macroeconomic Concepts:
- GDP and economic growth.
- Inflation and deflation.
- Fiat currency.
- Current accounts and the balance of payments.
- Central Banks and the Federal Reserve.
Foreign Exchange Markets:
- Exchange rate definitions.
- Mechanics and conventions.
- G10 and Emerging Market currencies.
- Floating and fixed currencies.
- Managed currency regimes.
- Spot and forward rates.
- Nominal, real and effective exchange rates.
- Carry trade.
Interest Rates and Inflation:
- Central Bank rates.
- Interest rate expectations.
- LIBOR and EURIBOR.
- Nominal vs. Real interest rates.
- Interest Rate Parity.
- Breakeven inflation.

Day 2

FX Rate Determination:
- Purchasing power parity (PPP) theory.
- Absolute and relative PPP.
- Interest rate differential.
- Monetary models and domestic interest rate levels.
Factors Influencing FX Rates:
- Imports and exports.
- Commodities and oil.
- Gold.
- Geopolitics and their effect.
- Impact of interest rates.
Overview of World Currencies:
- US Dollar and the DXY Index.
- The Euro experiment.
- Impact of Brexit on the British Pound.
- Strength of the Japanese Yen and the Swiss Franc.
- Commodity currencies.
- Bitcoin and cryptocurrencies.
- Why gold and silver considered currencies?
Overview of FX Derivatives:
- FX forwards and futures.
- Non-deliverable forward (NDF).
- FX options.
- Forward extra.
- Delayed premium options.

What’s the format?

Dynamic in-class lectures.

Practical assignments and exercises.

Interactive demos and examples.

Challenging quizzes and tests.

Next available dates and pricing:

Currencies and Foreign Exchange Markets

Course category:

In-Depth
Location:

Online
Duration:

2 days
Class size:

25 students

Date to be confirmed

Status

Coming soon

What will you get upon completion?

Formal completion certificate.
Course notes and materials.
Follow-up support – ability to ask questions and seek further clarification, if needed.
20% OFF any future courses you wish to attend.

What our training participants say?

Igor

Data Analyst

“Amazing training! Sergei does a great job at explaining the concepts using simple analogies which makes the complex world of finance very clear.”

Babak

Head of Pricing

“Sergei has a dynamic approach to teaching and his ability to breakdown complex commercial concepts makes learning easy and memorable. I still remember his enthusiasm after 7 years and always happy to learn from him.”

Paul

Financial Software Developer

"An excellent presenter and an enjoyable course, complex material presented in an approachable fashion."

Alex

Financial Sales

“As part of a financial training program, Sergei equipped me with the knowledge that I am still benefiting from seven years later. He has an ability to deliver complex subject material in a digestible way.”

Vlad

Financial Sales

“Sergei is a very good teacher, and is able to explain clearly complex concepts. I felt his course was time well spent.”

Anna

Accounts Manager

“Sergei led various financial trainings and I really enjoyed his teaching style and dedication to his students. He always made sure students were engaged and understood the topic before moving on. I would recommend Sergei for his professionalism and deep knowledge.”

Yoshi

Investment Professional

“Sergei is one of the best instructors I have ever met. He understands people learn in different ways and can adjust his teaching style. I would highly recommend him, especially when you are trying to learn something complicated or you want to learn something quickly.”

Eric

Machine Learning Engineer

“Sergei’s lucid explanations helped me get a deeper grasp of the concepts I was grappling with, whilst giving me a new perspective on the material. I credit him with getting me up to speed when I needed it most.”

Vikram

Quantitative Developer

“Sergei's sessions were great! He always made them engaging and fun.”

Marius

Financial Software Engineer

“Sergei taught me statistics in the context of equity asset prices and he managed to help me finally connect the maths to the real life applications of it. He's very practical and effective in helping you understand hard concepts.”

Donald

Software Engineer

“I attended Sergei's derivatives training a few years ago. Sergei clearly explained what they are, the motivation behind them and how they're traded in concrete terms. After the training I had a solid understandings on the topic and I would recommend Sergei's training.”

Jovana

Account Executive

“Sergei held one of the best training sessions on equity derivatives at the onset of my career in finance. He was able to put together a fully comprehensive and detailed yet digestible programme. His strength is delivering complex concepts in a simplified and engaging manner.”

Frequently Asked Questions:

Are there any arrangements regarding COVID-19? Will the training go ahead as planned?

At the moment, we are planning for all of our training courses starting with September 2020 to go ahead in a physical location in Central London.

In case if circumstances change and we won’t be able to deliver the course in a classroom setting, we will deliver it virtually online via Zoom.

If this happens, we will get in touch and ask if you would like to go-ahead and attend the course virtually or if you prefer to cancel for a full refund.

What payment methods do you accept?

We accept all major credit and debit cards, and PayPal.

How can I get a 20% discount for my next training course?

You will receive this by email after completion of any of our classes.

What if I need to cancel my booking?

You can cancel your booking and receive a full refund up to one month in advance of the course start date.

If you made a booking for a seminar that starts in less than one month, you can cancel for a full refund within the 14 days of making the booking.

In case if we are unable to deliver a course in a physical classroom and had to move it online due to COVID-19, you can also cancel and request a full refund if you don’t want to attend the course virtually.

Are there any pre-requisites in order to attend this course?

There are no prerequisites for this course – even though some basic understanding of financial markets would be helpful, it is not required!

Will I become a rich and successful trader after attending this course?

Trading profitably and consistently is not trivial, and like with any other skill, it requires a lot of studying, hard-work, dedication and persistence in order to master.

Our “Foreign Exchange Markets” training course is an excellent starting point, but definitely not sufficient in order to start trading FX markets profitably.

Want to run this training in-house?

Get in touch!

All our training courses can be tailored to your company needs and requirements.

Feel free to call us on +44 207 459 4445 or email info@perfiliev.co.uk and we’d be happy to help.

Learn more