Foreign Exchange Market and Derivatives

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900

Overview

The 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.

Learning Objectives

• Develop a deep understanding of the FX market, its mechanics and major participants
• Analyze the role and impact of central banks on FX and money markets
• Examine the nature of money supply, open market operations and quantitative easing
• Demonstrate a thorough understanding of liquidity, capital adequacy and solvency
• Apply analytical skills to key financial products within global money markets
• Explain the logic and uses of financial derivatives – forwards, swaps and options
• Develop an understanding of key strands of financial risk management

Who Should Attend

This 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. Target Competencies Exchange rate and interest rate risk best practices Analyzing unorthodox policies Global money, FX markets, and capital flows Thought leadership

• Target Competencies
• Analyzing unorthodox policies
• Global money, FX markets, and capital flows
• Thought leadership

Course Outline

Day 1 — INTERFACE OF MONEY MARKETS AND FOREIGN EXCHANGE (FX)

• Size of the markets
• Issuance of Treasury instruments, repos, and commercial paper
• Overview of the Euromarkets
• Legacy issues relating to London Interbank Offered Rate (LIBOR)

Day 2 — MONETARY POLICY AND MONEY SUPPLY

• Overview of the policy committees
• Federal Open Market Committee (FOMC)
• Monetary Policy Committee of the Bank of England (MPC of BOE)
• European Central Bank (ECB Governing Council)

Day 3 — INTEREST RATE (IR) SWAPS

• Basic structures and terminology of swaps
• Business case for using IR swaps
• Contrast money market rates and IR swap rates
• Notion of swap as an aggregation of forward rate agreements

Day 4 — USING DERIVATIVES FOR GENERAL HEDGING PURPOSES

• Key concepts of hedging equity and fixed income risk with derivatives
• Using index futures and options to hedge equity portfolio
• Hedge ratio calculation for equity futures
• Calculating portfolio beta

Day 5 — THE GLOBAL REGULATORY FRAMEWORK

• Overview of the Basel III framework
• Key provisions of Basel III related to market risk, credit risk, liquidity risk and operational risk
• Pillars 2 and 3 of Basel accords and role of central banks as supervisors
• Contrast macro-prudential policy initiatives with traditional micro-prudential

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
20–24 September 2026	Dubai, UAE	Public	5 days	3,900
22–26 November 2026	Riyadh, KSA	Public	5 days	3,900

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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