The wholesale financial markets known as the money markets are where governments, banks, and large enterprises go to raise money by making specific kinds of loans or by issuing debt instruments. This course covers some of the most often used money market instruments and also provides an understanding of different foreign exchange products and their pricing and applications including foreign exchange derivatives such as currency futures / swaps / options and second-generation forward contracts. COURSE OUTLINE
  1. Overview to Money Markets
  2. Instruments of Money Markets
  3. Arithmetic for Money Markets
  4. Money Market Deposits
  5. Certificates of Deposit
  6. Repurchase Agreements (Repos)
  7. Treasury Bills
  8. Bills of Exchange
  9. Commercial Paper
  10. Overview of Foreign Exchange Market
  11. Spot Market
  12. Forward Market
  13. Determination of Exchange Rates
  14. Currency Futures
  15. Currency Options
  16. Currency Swaps
  17. Second Generation Forward Contracts
  18. FX Trading Controls