Forex trade life cycle

This program introduces participants to the trade lifecycle for foreign exchange trades. Check out Group Discounts.

Please leave this field empty. FINANCIAL MARKETS WORLD INC, MORRIS TURNPIKE , SHORT HILLS, NJ USA TEL: Cutting-Edge Training and Networking Events for Global Financial Markets. Home Seminars Seminar Calendar Basic And Introductory Financial Training Seminars Operations And Processing Training Seminars Risk Management Training Seminars Global Securities Training Seminars Credit Analysis Training Seminars Compliance Training Seminars Fixed Income Training Seminars Trading and Market Structure Training Seminars Investment Management Training Seminars Tax and Accounting Training Seminars Derivatives and Options Training Seminars Basel III Training Seminars In-House Training Conferences Discounts FAQ About Us Contact Us.

Course Objectives By the end of the course, participants will be able to: Understand how FX trades are executed among brokers, dealers, their customers and inter-dealer brokers. Basic knowledge of Foreign Exchange Session 1: Pre-Trade Preparation and Documentation By the end of the session, participants will be able to: Explain the process of customer account set-up Know Your Customer e.

Order Entry and Trade Execution By the end of the session, participants will be able to: Discuss origination of customer orders Media used to communicate orders Verbal communication and electronic links Explain Trade Execution Edit and validate criteria Trade amendments Front-end trading and sales system Identify credit monitoring Session 3: Confirmation By the end of the session, participants will be able to: Netting By the end of the session, participants will be able to: Discuss netting agreements Explain bilateral netting of payments Confirm final netted amounts Session 5: Settlement By the end of the session, participants will be able to: Forecast liquidity needs Realtime balance projections Cut-off times Discuss settlement risk and exposure Explain exchange of cash on value date Impact of time zone differences DVP vs.

Non-DVP settlement Communicate payment instructions and expected receipts to banks SWIFT messaging and other means of communication Describe CLS Bank Background: Nostro Reconciliation By the end of the session, participants will be able to: Explain Nostro account reconciliations with banks Identify non-receipt of payments Discuss follow-up and error resolution process Recognize the impact of settlement failure Media used to communicate orders Session 7: Accounting and Financial Control By the end of the session, participants will be able to: Join Our Mailing List.