Exchange Course
The Exchange Course teaches practical skills for FX markets, including understanding rate conventions, pricing currency quotes, calculating spot and forward rates, spreads, and conversion costs. It covers measuring transaction exposure via cash flow at risk and scenario analysis, and comparing hedging tools like forwards, options, NDFs, and natural hedging to manage short-term risks and keep trades profitable.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain practical skills in FX markets: understand rate conventions, price quotes confidently, calculate spot/forward rates, spreads, and costs. Measure exposure with cash flow risk and scenarios, compare hedging with forwards, options, NDFs, and natural methods for short-term exposures.
Elevify advantages
Develop skills
- Master FX quotes: read pips, spreads, spot and forward rates confidently.
- Quantify FX exposure: map cash flows, run scenarios, estimate P&L impact.
- Calculate FX costs: include spreads, fees, liquidity in trade decisions.
- Price and hedge trades: use forwards, NDFs, options, natural hedging.
- Use FX data sources: capture quotes, document assumptions, compare RFQs.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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