Forex Markets, Pricing & Risk Management

Instructor: EDUCBA

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7 modules

Gain insight into a topic and learn the fundamentals.

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

7 modules

Gain insight into a topic and learn the fundamentals.

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Analyze forex markets, pricing models, and exchange rate dynamics.
Apply PPP, IRP, and calculate forward, swap, and cross rates.
Evaluate arbitrage opportunities and manage currency risk.

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There are 7 modules in this course

Master foreign exchange markets, pricing models, and risk management to analyze global currency movements with confidence. Learn how to calculate forward rates, apply parity theories, and identify arbitrage opportunities in real-world forex markets.

This course provides a comprehensive, calculation-driven approach to foreign exchange, starting from core concepts such as exchange rate quotes, bid-ask spreads, and currency systems. You will learn how to compute forward rates, swap points, and understand derivative instruments including futures and options. Through practical modules, you will apply Purchasing Power Parity (PPP) and Interest Rate Parity (IRP) to evaluate currency valuation and pricing relationships. The course also explores arbitrage strategies, cross-rate calculations, and interbank dealing to build real-world trading and analytical skills. Advanced topics include financial risk management, covering market, credit, and country risk, along with insights into digital currencies and blockchain technology. By the end of the course, you will be able to interpret forex markets, apply pricing models, and manage currency risks effectively. Ideal for finance professionals and aspiring analysts, this course builds job-ready skills for careers in banking, treasury, and international finance.

This module introduces the structure and global standardization of ISO currency codes used in international foreign exchange markets. Learners explore major and minor currency identifiers, understand their role in forex trading systems, and build foundational literacy required for accurate currency pair recognition and transaction processing.

What's included

9 videos4 assignments

9 videosTotal 44 minutes

Introduction to Currency Code5 minutes
Next Set of Currencies Code4 minutes
Other Currencies Code4 minutes
Continuation of Currencies Code4 minutes
Currency Code of Other Nations7 minutes
Currency Code for Italian Nations5 minutes
Currency Code for Jordan5 minutes
Next Set of 16 Currencies Code5 minutes
More Currencies Code4 minutes

4 assignmentsTotal 60 minutes

Graded - Foundations of Global Currency Systems30 minutes
Understanding International Currency Codes10 minutes
Expanding Global Currency Knowledge10 minutes
Advanced Currency Code Applications10 minutes

This module establishes the foundational principles of the foreign exchange market, including the definition of forex, participants, exchange rate determination, bid-ask spread mechanics, and direct versus indirect quotes. It builds conceptual clarity on how global currency markets operate in real-world financial systems.

What's included

9 videos4 assignments

9 videosTotal 57 minutes

Currency Code for Serbia4 minutes
Currency Code for Somalia5 minutes
Currency Code for Turkey5 minutes
Definition of foreign Exchange9 minutes
Example of foreign Exchange4 minutes
Introduction to foreign Exchange Money9 minutes
foreign Exchange Contracts2 minutes
Direct and Indirect Exchange Rates10 minutes
Bid-Ask Spread8 minutes

4 assignmentsTotal 60 minutes

Graded - Core Concepts of Foreign Exchange30 minutes
Specialized Currency Identifications10 minutes
Introduction to Foreign Exchange10 minutes
Exchange Rate Fundamentals10 minutes

This module explores exchange rate movements, currency pair structures, derivative instruments, forward rate variables, and interest rate differentials. Learners examine how forward premiums and discounts are determined and understand the mechanics behind forward market pricing.

What's included

9 videos4 assignments

9 videosTotal 47 minutes

Exchange Rate Movements6 minutes
Quotes of Exchange Rate6 minutes
Direct and Indirect Quote3 minutes
Instruments Under the Derivatives Contract8 minutes
Forward Rate Variables3 minutes
Forward Point Calculation6 minutes
Premium and Discount5 minutes
Example for Higher Interest Rate Currency8 minutes
Example for Lower Interest Rate Currency3 minutes

4 assignmentsTotal 60 minutes

Graded - Exchange Rate Mechanics & Market Quotes30 minutes
Exchange Rate Behavior10 minutes
Derivatives & Forward Market Basics10 minutes
Premiums, Discounts & Interest Impact10 minutes

This module focuses on forward contracts, forward points calculation, currency swaps, value dates, futures contracts, and options fundamentals. Learners apply numerical methods to determine forward pricing and understand structured forex hedging mechanisms.

What's included

9 videos4 assignments

9 videosTotal 56 minutes

Quiz On Spot Rate, Forward Rate and Forward Points7 minutes
Quiz on Whether to Pay or Earn Points11 minutes
Introduction to Currency Swap5 minutes
Swap Value Dates8 minutes
Quiz on Swap Value Dates8 minutes
Introduction to Currency Futures5 minutes
Introduction to Currency Options7 minutes
Details of IMM Futures Exchange3 minutes
Details of Finex Futures Exchange2 minutes

4 assignmentsTotal 60 minutes

Graded - Forward Markets, Swaps & Calculations30 minutes
Spot, Forward & Points Assessment10 minutes
Swap Structures & Value Dates10 minutes
Futures & Options Foundations10 minutes

This module introduces Purchasing Power Parity (PPP), Interest Rate Parity (IRP), arbitrage relationships, and theoretical exchange rate models. Learners solve parity-based numerical problems and connect macroeconomic principles to forward pricing mechanisms.

What's included

9 videos4 assignments

9 videosTotal 70 minutes

Forward Dates with Market Quotes8 minutes
Forward Points Numerical Examples10 minutes
Swap Points Numerical Examples9 minutes
Summary of Forward Points and Dates4 minutes
Purchasing Power Parity8 minutes
Example for Purchasing Power Parity9 minutes
Purchasing Power Parity and Interest Rate Parity10 minutes
Linking Purchasing Power Parity and Arbitrage7 minutes
Linking Purchasing Power Parity and Interest Rate Parity5 minutes

4 assignmentsTotal 40 minutes

Graded - Forward Pricing & Parity Theories10 minutes
Forward Market Calculations10 minutes
Forward Market Consolidation10 minutes
Linking Parity Theories10 minutes

This module examines international arbitrage strategies, interbank spot dealing, cross-rate calculations, triangular arbitrage, and option payoff analysis. Learners develop advanced analytical skills for exploiting market inefficiencies and managing currency risk exposures.

What's included

9 videos4 assignments

9 videosTotal 68 minutes

Purchasing Power Parity Problems10 minutes
Interest Rate Parity Problem7 minutes
Forward and Interest Rate Parity Problems9 minutes
Concept of International Arbitrage3 minutes
Interbank Spot Dealing9 minutes
Cross Rate and Three Point Arbitrage9 minutes
Basic Option Strategy11 minutes
Pay-off Profile of Call Option7 minutes
Bit-coin Introduction4 minutes

4 assignmentsTotal 60 minutes

Graded - Arbitrage, Options & International Dealing30 minutes
Parity & Arbitrage Applications10 minutes
Arbitrage & Interbank Market10 minutes
Options & Payoff Strategies10 minutes

This module explores cryptocurrency fundamentals, blockchain technology, Bitcoin creation mechanisms, and the evolving role of virtual currencies in global finance. It also covers financial market risks including market risk, credit risk, country risk, and risk management frameworks.

What's included

11 videos4 assignments

11 videosTotal 82 minutes

Bit-coin the Evolution and Use Explained9 minutes
Technology Used6 minutes
How Bitcoins are Created8 minutes
Future of Virtual Money4 minutes
Financial Market Risks9 minutes
Credit Risk with Rating10 minutes
Country Risk9 minutes
Summary Basics9 minutes
Summary Forward contract5 minutes
Summary Swap Contract4 minutes
Glossary of Key Terms8 minutes

4 assignmentsTotal 60 minutes

Graded - Digital Currency & Financial Risk Management30 minutes
Evolution of Virtual Currency10 minutes
Future of Money & Risk10 minutes
Country Risk & Course Wrap-Up10 minutes

Instructor

EDUCBA

1,142 Courses273,757 learners

Offered by

EDUCBA

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