Foreign Exchange - Non-Deliverable Forwards
Learn to use NDFs when dealing with non-convertible currencies in FX markets and in managing and hedging against foreign exchange exposure.
Introduction
Learning Objectives
Downloadable Materials
Non-Deliverable Forwards Overview
NDF Structure
Settlement and Fixing Dates
Settlement Payment Calculation
Settlement Payment - Downloadable Files
NDF Price Determination
Onshore and Offshore Markets
Interactive Exercise 1
NDF Broken Dates Overview
NDF Broken Dates Example
NDF Broken Dates - Downloadable Files
Setting Irregular Fixing and Settlement Dates
Setting Irregular Fixing and Settlement Dates Examples
Interactive Exercise 2
NDF and DF Risk Limits
NDF and DF Risk Limits - Downloadable Files
Value at Risk
Interactive Exercise 3
Cross Product Limits
NDF Fixing Risk and TN Balances
Nostro Account Balancing
Risk Limiting Facilities
TriOptima
Interactive Exercise 4
Midway Check-In
Par Forwards
Par Forwards Calculation
Historic Rate Rollovers
Historic Rate Rollover Calculation
Historic Rate Rollover Downloadable Files
Canceling a Forward Contract
Managing Forward Exposure Example
Trade Cancellation
Basis Risk
Case Study: The Yen Premium
Case Study: The Yen Premium Continued
The Effects on the Forward Market
The Effects on the Forward Market Continued
Course Summary
Qualified Assessment
Share Your Feedback