Exchange Course
The Exchange Course equips you with essential skills to master FX rates, spreads, and hedging strategies. You will learn to price trades accurately, measure currency risk effectively, and protect profit margins, ensuring your international trade deals remain profitable regardless of market conditions. This comprehensive program covers FX market conventions, rate calculations, exposure measurement using cash flow at risk and scenario analysis, and comparison of hedging tools like forwards, options, NDFs, and natural hedging.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain practical expertise in FX markets, rate conventions, and pricing through the Exchange Course. Confidently evaluate currency quotes by calculating spot and forward rates, spreads, and total costs. Measure transaction exposure with cash flow at risk and scenario analysis. Compare hedging options including forwards, options, NDFs, and natural hedging for short-term needs.
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.
- Leverage FX data sources: gather market quotes, record 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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