FinTree website link: http://www.fintreeindia.com FB Page link :http://www.facebook.com/Fin... This series of video covers the following key areas: o A financial institution's overall foreign exchange exposure o How a financial institution could alter its net position exposure to reduce foreign exchange risk o A financial institution's potential dollar gain or loss exposure to a particular currency o The different types of foreign exchange trading activities o The sources of foreign exchange trading gains and losses o The Potential gain or loss from a foreign currency denominated investment. o Balance-sheet hedging with forwards o How a non-arbitrage assumption in the foreign exchange markets leads to the interest rate parity theorem, and use this theorem to calculate forward foreign exchange rates o Why diversification in multicurrency asset-liability positions could reduce portfolio risk o The relationship between nominal and real interest rates We love what we do, and we make awesome video lectures for CFA and FRM exams. Our Video Lectures are comprehensive, easy to understand and most importantly, fun to study with! This Video lecture was recorded by our popular trainer for CFA, Mr. Utkarsh Jain, during one of his live FRM Classes in Pune (India).
Views: 11040 FinTree
What is FOREIGN EXCHANGE HEDGE? What does FOREIGN EXCHANGE HEDGE mean? FOREIGN EXCHANGE HEDGE definition - FOREIGN EXCHANGE HEDGE meaning - FOREIGN EXCHANGE HEDGE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A foreign exchange hedge (also called a FOREX hedge) is a method used by companies to eliminate or "hedge" their foreign exchange risk resulting from transactions in foreign currencies (see foreign exchange derivative). This is done using either the cash flow hedge or the fair value method. The accounting rules for this are addressed by both the International Financial Reporting Standards (IFRS) and by the US Generally Accepted Accounting Principles (US GAAP) as well as other national accounting standards. A foreign exchange hedge transfers the foreign exchange risk from the trading or investing company to a business that carries the risk, such as a bank. There is cost to the company for setting up a hedge. By setting up a hedge, the company also forgoes any profit if the movement in the exchange rate would be favourable to it. When companies conduct business across borders, they must deal in foreign currencies. Companies must exchange foreign currencies for home currencies when dealing with receivables, and vice versa for payables. This is done at the current exchange rate between the two countries. Foreign exchange risk is the risk that the exchange rate will change unfavorably before payment is made or received in the currency . For example, if a United States company doing business in Japan is compensated in yen, that company has risk associated with fluctuations in the value of the yen versus the United States dollar. A hedge is a type of derivative, or a financial instrument, that derives its value from an underlying asset. Hedging is a way for a company to minimize or eliminate foreign exchange risk. Two common hedges are forward contracts and options. A forward contract will lock in an exchange rate today at which the currency transaction will occur at the future date. An option sets an exchange rate at which the company may choose to exchange currencies. If the current exchange rate is more favorable, then the company will not exercise this option. The main difference between the hedge methods is who derives the benefit of a favourable movement in the exchange rate. With a forward contract the other party derives the benefit, while with an option the company retains the benefit by choosing not to exercise the option if the exchange rate moves in its favour. Guidelines for accounting for financial derivatives are given under IFRS 7. Under this standard, “an entity shall group financial instruments into classes that are appropriate to the nature of the information disclosed and that take into account the characteristics of those financial instruments. An entity shall provide sufficient information to permit reconciliation to the line items presented in the balance sheet”. Derivatives should be grouped together on the balance sheet and valuation information should be disclosed in the footnotes. This seems fairly straightforward, but IASB has issued two standards to help further explain this procedure. The International Accounting Standards IAS 32 and 39 help to give further direction for the proper accounting of derivative financial instruments. IAS 32 defines a “financial instrument” as “any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity”. Therefore, a forward contract or option would create a financial asset for one entity and a financial liability for another. The entity required to pay the contract holds a liability, while the entity receiving the contract payment holds an asset.
Views: 4243 The Audiopedia
● We explain topics simply. So Subscribe if you want to learn while being entertained. ✔ Please like the video and comment if you enjoyed - it helps a lot! ▶ If you want a question answered then ask in the comments and we may make a video about it! About the video: You may have traveled a lot and wondered why you get more of one currency when you exchange it for another. If so, you have witnessed exchange rates in action, but do you know how they work? Watch the video to find out what exchange rates are, how to convert between them and the different systems which determine a currencies exchange rate. Historically the gold standard system had been used, which fixed currency to a select value of gold, held in a vault. The three main systems are the floating, managed and fixed exchange rate systems. The floating system has minimal government intervention, using supply and demand to determine the exchange rate. The managed exchange rate is allowed to be within a permitted band and a fixed exchange rate is usually pegged to a currency with the interest of being competitive in the international market. The video explains this in more detail and with helpful picture to guide you through the subject.
Views: 420330 SimplyExplain
Don Lloyd, SVP of Capital Markets at Associated Bank, discusses how to maximize opportunities and minimize risk in foreign exchange markets.
Views: 665 Associated Bank
Foreign exchange terms - direct rates, indirect rates, selling/ buying rate, bill buying rate, bill selling rate, tt buying rate, tt selling rate all are covered. GET 3000+ JAIIB PREVIOUS YEAR QUESTIONS, Study Notes, Videos https://goo.gl/M8zMrV ------------------------------------------------------------- GET 4000+ CAIIB PREVIOUS YEAR QUESTIONS, Study Notes, Videos https://goo.gl/QGq6Sc FEMA - Foreign Exchange Management Act 1999 FOREX https://www.youtube.com/watch?v=wFj4GH8KfVY Standard Deviation, Variance in 2 minutes https://www.youtube.com/watch?v=Rabn5sZpGmo Foreign Exchange Spot rate Forward rate Buying rate https://www.youtube.com/watch?v=z4m4kWfe0UU Caiib BFM case study on Risk Weighed Assets https://www.youtube.com/watch?v=_80CvrvY3SM case study on Risk Weighed Assets Part 2 https://www.youtube.com/watch?v=SI7o6in1nmk GDP Cost Factor, Debt Equity Ratio, Elasticity https://www.youtube.com/watch?v=XsSjnRygk3s Case Study on Ratio Analysis https://www.youtube.com/watch?v=oMj08U679eQ Case Study on Balancesheet Part 2 https://www.youtube.com/watch?v=NX5k5l_xQiw Case Study on Balancesheet (ABM) https://www.youtube.com/watch?v=dT5wcOuyOxA join whatsapp group https://chat.whatsapp.com/1fUrovD1W2ICxHqAUx82Kv Legal Banking Questions PART 8: https://www.youtube.com/watch?v=SOwuB6f-VvA Legal Banking Questions PART 7: https://www.youtube.com/watch?v=V5ecuqkYDlc Legal Banking Questions PART 6: https://www.youtube.com/watch?v=g49gW5aqHUY Legal Banking Questions PART 5: https://www.youtube.com/watch?v=dT5cE9u9z0A Legal Banking Questions PART 4: https://www.youtube.com/watch?v=p5GEsfu9ZUM Legal Banking Questions PART 3: https://www.youtube.com/watch?v=YtQHiQ3xsEY Legal and Regulatory Aspects of banking Imp Ques PART 2 https://www.youtube.com/watch?v=yHrxOa8W31A Legal Banking Questions PART 1 https://www.youtube.com/watch?v=_7N3nBm7E8M Basel 1 Basel 2 Basel 3: https://www.youtube.com/watch?v=x_sOTObwx7g SARFAESI ACT 2002: https://www.youtube.com/watch?v=NFP--aVBrN8 Joint Liability Group: https://www.youtube.com/watch?v=EwHr4kbYtb4 Self Help Group: https://www.youtube.com/watch?v=Aw2E4wGC6XY Hypothecation: https://www.youtube.com/watch?v=LfyMNVKBttY Pledge: https://www.youtube.com/watch?v=SeOj8iSo1-E Banking Ombudsman https://www.youtube.com/watch?v=yk_qkutLzXY Protection to paying banker https://www.youtube.com/watch?v=T5E41Xd9rbs Letter of Credit and Its Types https://www.youtube.com/watch?v=kZG7KVz6ADA Banking Regulation Act 1949 Important Sections https://www.youtube.com/watch?v=5-acwfsYTAw Reserve Bank of India Act 1934 https://www.youtube.com/watch?v=YCHbT9NFVO4 NRO NRE FCNR Accounts https://www.youtube.com/watch?v=q-MGkikmGeE convention of conservatism https://www.youtube.com/watch?v=zvImhmWTKjY Business Entity Concept https://www.youtube.com/watch?v=Wv23h0PP1w8 Cost Concept https://www.youtube.com/watch?v=thNux_mQ3kU Money Measurement Concept https://www.youtube.com/watch?v=6la8X5VTuLg Petty Cash Book Voucher Imprest System of Petty Cash https://www.youtube.com/watch?v=9MRIIlEga3s JAIIB Important memory recalled questions AFB 3 https://www.youtube.com/watch?v=QXQfaEK2oIo JAIIB Important memory recalled questions AFB https://www.youtube.com/watch?v=MwbO4QJGLxM Internal rate of return https://www.youtube.com/watch?v=cgcY0vsINtE Straight Line Method Depreciaiton https://www.youtube.com/watch?v=9Y4kYoYSS-U Accounting and finance definitions and important concepts https://www.youtube.com/watch?v=9ZEtvgYVyPQ Accounting and finance imp Numerical: https://www.youtube.com/watch?v=oYDWCpmGJfw NOSTRO ACCOUNTS https://www.youtube.com/watch?v=cNESYz3lc6Y Vostro Accounts https://www.youtube.com/watch?v=1hIjjnxtKmw How to Calculate EMI [VIDEO in हिंदी ] https://www.youtube.com/watch?v=KwIDmbT2Tts Internal Rate of Return: https://www.youtube.com/watch?v=cgcY0vsINtE Yield to Maturity: https://www.youtube.com/watch?v=KL7Jn99RIKI Letter of Credit: https://www.youtube.com/watch?v=kZG7KVz6ADA ___________________________________________________ Important Question Principles & Practices of banking ___________________________________________________ Part 1: https://www.youtube.com/watch?v=4AnaI4QCtrM Part 2: https://www.youtube.com/watch?v=5p9BMivJyyg JAIIB Important memory recalled questions PPB https://www.youtube.com/watch?v=dKAYCHcfAfQ -~-~~-~~~-~~-~- Please watch: "Protection to Collecting Banker NI Act Legal and Regulatory Aspects of Banking JAIIB" https://www.youtube.com/watch?v=V-hiw3njkak -~-~~-~~~-~~-~-
Views: 10953 Learning sessions
Members :: Treasury Consulting LLP Pleased to Present Video Titled- " Interest Rate Risk in Bank Books IRRBB ". Video would be covering about Regulatory of Interest Rate Risk in Banking Books - Hedging Part as well as Reporting Part. Video would also be covering as how Banks can hedge their Interest Rate Exposures in Banks Books using variety of Derivatives Instruments. You are most welcome to connect with us at 91-9899242978 (Handheld), 91-011-40199774 (Fixed Income KPO, LPO), Skype ID - Rahul5327, [email protected] or www.fixedincome.global or www.treasuryconsulting.in
Views: 2310 Foreign Exchange Maverick Thinkers
Hello guys, in this video we'll discuss about Cover Deals in Foreign Exchange Management which is used by bank to cover their exchange position. So watch the full video and share with your family and friends. Like, Share and Subscribe the channel Youtube: https://www.youtube.com/commercenewsguruji Facebook: https://facebook.com/commercenewsguruji Instagram: https://instagram.com/commercenewsguruji Twitter: https://twitter.com/comnewsguruji E-mail: [email protected] Personal Facebook Profile: http://Facebook.com/anujkumarshuklaa
Views: 562 Commerce News Guruji
Install our android app CARAJACLASSES to view lectures direct in your mobile - https://bit.ly/2S1oPM6 Join my Whatsapp Broadcast / Group to receive daily lectures on similar topics through this Whatsapp direct link https://wa.me/917736022001 by simply messaging YOUTUBE LECTURES Did you liked this video lecture? Then please check out the complete course related to this lecture, Forex Management - Detailed Study for CA / CS / CFA Exams with 30+ Lectures, 2+ hours content available at discounted price (10% off)with life time validity and certificate of completion. Enrollment Link For Students Outside India: https://www.udemy.com/financial-management-in-tamil/?couponCode=YTBFMT18 Enrollment Link For Students From India: https://www.instamojo.com/caraja/financial-management-in-tamil/?discount=ytbspl Our website link : https://www.carajaclasses.com Welcome to the course International Finance - A Comprehensive Study. In this course, you will learn about the International Finance and its related aspects covering a) What are Forex Rates? b) What is Bid / Ask / Swap / Spread? c) How to compute Depreciation / Appreciation of Currencies? d) Why Foreign Currency Rates Fluctuates? e) What are Foreign Exchange Risks? f) How to hedge Foreign Currency Transactions through Forward Contracts, Future Contracts and Option Contracts. This course is structured keeping Professional course students in mind like CA / CPA / CFA / CMA / MBA Finance, etc. This course will equip you for approaching those professional examinations. This course is presented in simple language with examples. This course has video lectures (with writings on Black / Green Board / Note book, etc). You would feel you are attending a real class. This course is structured in self paced learning style. You would require good internet connection for interruption free learning process. You have to go through the videos leisurely to grab the concepts with clarity. This course consolidates my other courses on Forex namely • Forex Basics • Forex Rates - Why it fluctuates? • Learn Forex Risk: Understand Forex Decision Making By taking this course, you need not take the above course. Take this course to gain strong hold on International Finance. What are the requirements? • Students should have basic knowledge on Accounting and Financial Management What am I going to get from this course? • Over 37 lectures and 2.5 hours of content! • Understand Basics of International Finance • Understand Technical Terms used in Forex Transactions • Understand Forex Risks • Understand Forex Hedging Mechanism • Understand International Capital Budgeting Methods What is the target audience? • This coursed is structured keeping Professional course students like CA / CPA /CMA / CFA / MBA (Finance) in mind.
Views: 18498 CARAJACLASSES
This video discusses how central banks can intervene in foreign exchange markets as part of monetary policy actions. Thanks for watching!
Views: 5198 Bentley University EC391
Subscribe to France 24 now: http://bit.ly/France24Subscribe BUSINESS DAILY : Five banks have been fined more than $3.2 billion for manipulating of the foreign exchange markets. UBS, Royal Bank of Scotland, JP Morgan, Citibank and HSBC agreed settlements with US, UK and Swiss regulators over allegations they colluded to fix key rates. Also today: the French government will discuss the €2.2bn overspend by its departments. Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://www.youtube.com/subscription_center?add_user=france24english Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 426 FRANCE 24 English
Learn the importance of managing currency risk in business, including examples for hedging and weakened currency. Subscribe: https://www.youtube.com/subscription_center?add_user=cmegroup Learn more: https://institute.cmegroup.com/ CME Group: http://www.cmegroup.com/ Follow us: Twitter: http://twitter.com/CMEGroup Facebook: http://www.facebook.com/CMEGroup Topic: currency overlay, forex, hedge
Views: 461 CME Group
[my xls is here https://trtl.bz/2RDhGoU] This bank sources its funds entirely in the United States but invests half of its loan portfolio in the United Kingdom such that half its assets are denominated in British Pound Sterlings (GBP). If the spot exchange rate is constant, the bank's ROI will be as expected. But if the Pound Sterling depreciates against the US dolllar (in this example, we start the period at GBPUSD $1.60 but the Pound Sterlilng depreciates to GBPUSD $1.45; equivalently, this is an appreciation of the US dollar against the GBP) then the banks returns are eroded. This illustrates the potential consequence of foreign currency (aka, foreign exchange) risk when the bank's balance sheet is unhedged.
Views: 406 Bionic Turtle
Many small business banks and microfinance institutions rely on cross-border borrowing, but large currency fluctuations can reduce or even eliminate profit from an institution’s bottom line. In this webinar, Amar Hanibal, President at XacBank (Mongolia) will present the financial institution as a case study and Julie Abrams, Forex Risk Expert, will describe the potential foreign exchange and currency risk to financial institutions, the effects of currency fluctuation on portfolio and profit, and solutions for mitigating and reducing this risk. XacBank will highlight its approach to foreign exchange risk mitigation, from identifying the challenge to implementing an innovative solution that benefited the bank and its clients. Download here: http://bit.ly/1pCvA7n
Views: 91 CapitalPlus Exchange (CapPlus)
Yesterday I reviews Saunders' un-hedged bank: $200 million in U.S. dollar deposits fund investments which are split (50%/50%) between US dollar assets and British assets. We saw that un-hedged foreign currency exposure directly impacts returns in either direction (i.e., a material risk factor). In on-balance sheet hedging, the bank instead funds with $100 million in British Pound Sterling: the asset and liabilities are matched in regard to their foreign currency exposure (please note: this does not immunizes; asset/liability durations may different such that interest rate exposure remains).
Views: 17155 Bionic Turtle
Excited to share video lectures from the brightest students at IIT & Delhi University. Learner (www.learner.in) is India's largest platform where Students TEACH Students. Download App at http://bit.ly/2l3zRzq and call us at 011-41082172 to get access code. Prepare for Boards for CBSE syllabus, NCERT Pattern, Class 12th. Download app from http://app.learner.in or visit website at http://www.learner.in to get more videos, notes & questions.
Views: 60340 learner.in
Did you like this video? Please Share It. This Video is part of International Trade Course, for more info visit: http://www.theeducators.com/portfolio-items/international-trade/ This course is designed to provide the learners, and those operating within International Trade, an opportunity to broaden their understanding of global trade issues, and to gain a clear understanding of the processes and practicalities of International Trade. The course is suitable for all those involved in importing and exporting. It is also appropriate for corporate service providers such as banks, forwarders, accountants and international trade advisers. ---------------------------- This video covers Hollensens five steps of International Expansion: 1. To go international or not? 2. Which markets to enter? 3. Market entry strategies. 4. Designing the global marketing programme. 5. Implementing and coordinating the global marketing... ----------------- Media Partner: http://www.theeducators.com Producer: Tony Zohari Speaker: Siamak Taslimi
Views: 3764 DigitPro
Foreign Exchange. Foreign exchange, or Forex, or FX is the conversion of one currency into that of another. Foreign exchange markets The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. The main participants in this market are the larger international banks and various Financial centres. Exchange rate An exchange rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in relation to another currency. For example, an RBI exchange rate of 64 Indian Rupee to the United States dollar means that ₹64 will be exchanged for each US $1 or that US$1 will be exchanged for each ₹64. Spot Exchange Rate - The spot exchange rate refers to the current exchange rate. The forward exchange rate- The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. 1 Fixed Exchange Rate 2 Floating Exchange Rate Factors That Influence Exchange Rates Balance Of Payment. Interest Rates Inflation Rate Foreign Reserves Devaluation Of Currency Etc..
Views: 15041 Know Economics
This screencast explains (using Saunders' Example 15-1) how unmatched, un-hedged foreign currency exposure directly impacts returns. The baseline is a U.S. bank funded entirely in U.S. dollars. Although asset/liability durations may match, the bank invests 50% in British pound sterling. As such, un-hedged exposure is something of a random variable that can work against the bank (if foreign currency depreciates) or in favor of the bank (if foreign currency appreciates)
Views: 4509 Bionic Turtle
Members :: Treasury Consulting Pte Ltd Pleased to Present Video Titled - " FX Trading Rates by Banks ! ". Video would be covering about all 4 Rates used by Banks for FX Trading - Spot Rates, Mid Swap, Mid Spread, D2, D2 Spread covering their variety of Clients. Different Clients to get different Rates covering their exposures in Interbank Rates. You are most welcome to connect with us at 91-9899242978 (Handheld), 91-011-40199774 (Fixed Income KPO, LPO), Skype ID - Rahul5327, [email protected] or www.fixedincome.global
Views: 393 Foreign Exchange Maverick Thinkers
This lecture covers Exchange rate topic of CAIIB Bank Finance Management Module A. [BOOK] CAIIB : Advanced Bank Management Question Bank (1000 Series) https://amzn.to/2AUTdRw [BOOK] CAIIB 2019: Bank Financial Management Question Bank (1000 Series) https://amzn.to/2T0FP5k [FREE] Advanced Bank Management 30 Day Excel Planner http://imojo.in/62ex8j [FREE] Bank Financial Management 30 Day Excel Planner http://imojo.in/2ffk5c
Views: 21875 THE MIDDLE CLASS INVESTOR
In this video I am explaining the topic of Foreign exchange Foreign exchange rate Currency depreciation Currency appreciation Types of foreign exchange rate - Fixed exchange rate Floating exchange rate Managed floating exchange rate Plz like and share the video Subscribe my channel to watch more videos of class Xll economics Give your comments at [email protected]
Views: 42210 Easy Economics By Rashmi
Watch more How to Invest Your Money videos: http://www.howcast.com/videos/234001-How-to-Invest-in-Foreign-Currencies As with any investment, putting your money in foreign markets requires due diligence and the willingness to take risks. Step 1: Know the risks Know the risks. Trading in foreign currencies can be very profitable if you stay on top of the global economic market. But if you don't have the time or desire to do that, it also can be very risky. Step 2: Do your homework Do your homework. Research the financial strength of various nations so you'll have an informed opinion as to whether their currency will strengthen or weaken. Step 3: Open an account You can invest in foreign currency using a brokerage account, if you have one. If you have a PayPal account, hold funds in multiple currencies at no charge. Or find a bank that allows customers to keep foreign currency accounts. Tip Some banks offer FDIC-insured foreign currency accounts; this protects you up to a preset amount if a foreign bank goes bust, but doesn't cover losses caused by currency fluctuations. Step 4: Try a single play Consider buying a Certificate of Deposit in a foreign market with a better interest rate; then "sell it forward" -- you agree to sell the same amount of currency at a specific price on a future date. Known as a "single play," this protects you if the currency deflates during the duration of your CD. Step 5: Consider a double play Open a CD and gamble on a "double play," also known as an "open" or "naked" trade. If the foreign currency rises, you'll benefit both from the interest rate and the foreign currency being stronger than your own when you cash in. Just beware that you're also assuming the risk that the currency might deflate, which could wipe out the interest you made at cash-in time. Step 6: Wheel and deal Set up an online account on one of the Forex -- short for Foreign Exchange -- trading web sites. You'll be able to buy and sell foreign currencies anytime from Sunday at 5 p.m. eastern time to Friday at 5 p.m. eastern time, allowing you to cash in quickly on events that are likely to cause currency fluctuations. Did You Know? More than $1 trillion is traded in the global currency market every day.
Views: 41895 Howcast
ABOUT VIDEO: This video will help viewers understand how currencies spot market and currencies forward market works. How can you exchange currencies. How does companies enter into a forward contract with banks to hedge their currency risk and how does it benefit both the parties. After watching this video also watch the part 2 which will help you understand the currencies future market and non deliverable forwards market (NDF) (Link: http://www.youtube.com/watch?v=Bo-zxEzLT9k) Please leave us a comment/suggestion on our video and do hit "LIKE" if you like the video. SUBSCRIBE TO OUR CHANNEL FOR FULL ACCESS TO ALL OUR VIDEOS ABOUT US: Ambition Learning Solutions is a preemptive training institute providing trainings to undergraduates, post graduates and working professionals on various international certification programs like Certified Financial Planner (CFP), Certified Credit Research Analyst (CCRA), Basics of Financial Markets, Macro Economic Indicators impacting the Financial Markets, Derivatives Market, Technical Analysis, Credit Research, Commercial Banking, Investment Banking, Financial Modeling, Advance Excel, Equity Research, Diploma in Banking and Finance (DBF), NSE's Certified Capital Market Professional (NCCMP) etc. We assist corporate by providing qualified human resources for their operation and expansion requirement. We train their existing staff to furnish them with the latest updates and techniques in their respective domains. Reach us at: Website: www.ambitionlearning.com Facebook: https://www.facebook.com/groups/ambitionlearning/ Email: [email protected] Linkedin: http://www.linkedin.com/profile/view?id=67196015&trk=wvmp-profile
Views: 53259 Ambition Learning Solutions
Take this course for free on edx.org: https://www.edx.org/course/foreign-exchange-market-concepts-instruments-risks-and-derivatives Learn about the fascinating world of Foreign Exchange Markets, the theories and practices, the embedded risks and the associated derivatives. In this course, part of the Professional Certificate program ‘Risk Management in Banking and Financial Markets’, we will learn the theory and structure of foreign exchange markets, the instruments that are traded and the trading and settlement mechanisms. We will also learn how to identify, assess and manage foreign exchange risk as well as the role of derivative instruments in hedging these risks. Thanks to the economic liberalization in several countries over the last few decades, the world has witnessed an exponential increase in the free flow of capital across countries, even more so in emerging economies. This has resulted in a globally interconnected ecosystem of banks and financial markets engaged in foreign exchange transactions that are continuously growing in volume, sophistication and complexity. That, in turn, has attracted a plethora of participants whose explicit intention is to either profit from or hedge against the heightened level of risks in the foreign exchange markets. This course will unravel those complexities and help you gain a comprehensive understanding of foreign exchange markets: the underlying theories, the instruments traded, the associated risks such as transaction exposure, operating exposure, translation exposure, etc. and how those risks are addressed/redressed using several techniques including using derivative instruments such as currency options, currency futures and currency swaps. This course is part of IIMBx's Professional Certificate program ‘Risk Management in Banking and Financial Markets’.
Views: 861 edX
Hello friends, in this video you will learn CAIIB AND JAIIB AND concepts of foreign exchange in Accounting and finance for bankers: What is Foreign exchange? What is direct and indirect quote? What is Forex? Foreign exchange rate and its types Exchange rate arithmetic. Value date concepts Cash/ready, TOM, SPOT, Forward rate, Premium and Discount Forward points Arbitrage How to calculate forward points? Method of quoting forward rates.
Views: 66361 GrowYourself
Delve into the fascinating world of Foreign Exchange Markets and Currency Derivatives as you learn the theories and practices that govern foreign exchange. Take this course free on edX: https://www.edx.org/course/foreign-exchange-markets-instruments-iimbx-fc202x#! ABOUT THIS COURSE Thanks to the economic liberalization in several countries over the last few decades, the world has witnessed an exponential increase in the free flow of capital across countries, even more so in emerging economies. This has resulted in a globally interconnected ecosystem of banks and financial markets engaged in foreign exchange transactions that are continuously growing in volume, sophistication and complexity. That, in turn, has attracted a plethora of participants whose explicit intention is to either profit from or hedge against the heightened level of risks in the foreign exchange markets. This economics and finance course will unravel those complexities and help you gain a comprehensive understanding of foreign exchange markets: the underlying theories, the instruments traded and how the associated risks and potential adverse outcome are addressed/redressed using several techniques such as currency derivatives. WHAT YOU'LL LEARN Theories governing foreign exchange: - Interest rate parity - Purchasing power parity - Nominal vs real exchange rates, etc. - Types of transactions in the foreign exchange markets How are exchange rates quoted and traded? Participants in the foreign exchange market Why and how do Central Banks intervene in the foreign exchange markets? Nature and types of foreign exchange risks - Transaction Exposure - Operating Exposure - Transaction Exposure How are foreign exchange risks identified and managed? Role of ‘currency derivatives’ in the foreign exchange markets, both for speculation and for hedging: - Currency Futures - Current Options - Currency Swaps
Views: 1295 edX
What is Forex? http://kansascityforex.com/ The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world. The main participants in this market are the larger international banks. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market does not determine the relative values of different currencies, but sets the current market price of the value of one currency as demanded against another. The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market”, although a few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, forex has little (if any) supervisory entity regulating its actions. The foreign exchange market assists international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from European Union member states, especially Eurozone members, and pay Euros, even though its income is in United States dollars. It also supports direct speculation and evaluation relative to the value of currencies, and the carry trade, speculation based on the interest rate differential between two currencies. In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying with some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system. The foreign exchange market is unique because of the following characteristics: its huge trading volume representing the largest asset class in the world leading to high liquidity; its geographical dispersion; its continuous operation: 24 hours a day except weekends, i.e., trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York); the variety of factors that affect exchange rates; the low margins of relative profit compared with other markets of fixed income; and the use of leverage to enhance profit and loss margins and with respect to account size. As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks. According to the Bank for International Settlements, the preliminary global results from the 2013 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity show that trading in foreign exchange markets averaged $5.3 trillion per day in April 2013. This is up from $4.0 trillion in April 2010 and $3.3 trillion in April 2007. Foreign exchange swaps were the most actively traded instruments in April 2013, at $2.2 trillion per day, followed by spot trading at $2.0 trillion. According to the Bank for International Settlements, as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion. The $3.98 trillion break-down is as follows: $1.490 trillion in spot transactions $475 billion in outright forwards $1.765 trillion in foreign exchange swaps $43 billion currency swaps $207 billion in options and other products http://kansascityforex.com/
Views: 12081 Jimmy Ezzell
Don Lloyd, SVP of Capital Markets at Associated Bank, discusses how to maximize opportunities and minimize risk in foreign exchange markets utilizing foreign exchange solutions.
Views: 370 Associated Bank
Financial Treasury & Forex Management : CA/CS/CMA/Management Financial Treasury & Forex Management | Forex Management 1 | Exposed Foreign Exchange Risk | Lec 31 Introduction (00:09 - 00:21) Forex (00:22 - 02:06) - Meaning of Home Currency & Foreign Currency -Meaning of Exchange Rate -Foreign Exchange quotes (a) Direct Quote (b) Indirect Quote Foreign Exchange Market in India (This Act Tells How the Forex Management is dealt) (02:07 - 04:48) - Purchase Rate - Sale Rate Two Way Quotes (04:49 - 13:13) - Bid Rate (That Rate at Which Bank will buy from you) - Ask Rate (That Rate at Which Bank will Sell to you) - Spread - Spot Rate (For Immediate Delivery) & Foreign Exchange Rate - Foreign Exchange Rate - Decision for an Exporter - Forward Premium/Discount - To Compute the Discount - Example Exposed Foreign Exchange Risk (13:14 - 13:29) - Translation of Accounting Exposure - Transaction or Contractual Exposure - Operating or Economic Exposure Transaction Exposure (:13:30 - 14:50) - Credit Purchase Three Types of Foreign Risk Exposure (14:51 - 20:49) - Translation of Accounting Exposure - Transaction of Contractual Exposure - Operating or Economic Exposure (Discussed The Type of Foreign Risk Exposure in Detail) --------------------------------------------------------------------------------------------------------- Video by Edupedia World (www.edupediaworld.com) , free online education Download our App : https://goo.gl/1b6LBg Click here https://www.youtube.com/playlist?list=PLJumA3phskPHEoSZvx2TVip9m9ic9ptot for more videos on Financial Treasury & Forex Management All Rights Reserved
Views: 551 Edupedia World
Class 12 macroeconomics ..... Foreign exchange rate.... Foreign exchange.... Types of foreign exchange rate ..... Depreciation and appreciation of currency.... Contact for my book 7690041256 Economics on your tips video 72 Our books are now available on Amazon Special Combo - Economics on your tips Micro + Macro http://amzn.in/d/eSxj5Ui Economics on your tips Macroeconomics http://amzn.in/d/2AMX85O Economics on your tips Microeconomics http://amzn.in/d/cZykZVK Official series of playlists UG courses ( bcom, bba, bca, ba, honours) – https://www.youtube.com/playlist?list=PLgC10_Xv-BGirAqOr-hU8e-N_Nz0UpgJ- Micro economics complete course – https://www.youtube.com/playlist?list=PLgC10_Xv-BGg5n3YU6oEV7_HIzBuEbbOz Macro economics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGg2ORORpILqiDR1gyH3MkXw Statistics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGjrAkDyeMioJ7DEexAEeVdt National income – https://www.youtube.com/playlist?list=PLgC10_Xv-BGjpE-1V4uz_0wvvbZQnSsj_ In order to promote us and help us grow Paytm on - 7690041256
Views: 401003 Economics on your tips
KnightsbridgeFX provides better currency exchange rates than the Canadian banks. Simple to use and it's free to sign up. Get a no-obligation exchange rate quote at 1-877-355-5239. Visit our website at http://www.knightsbridgefx.com If anyone would like to contact us via mail or phone then please find our headquarters information below: Knightsbridge Foreign Exchange 100 King Street West, Suite 5700 Toronto, Ontario, M5X 1C7 (416) 479-0834
Views: 132268 Knightsbridge Foreign Exchange
https://www.vancity.com/FX A lot of businesses don’t realize that they need foreign exchange. And they may not know that Vancity and Citizens Bank (a wholly owned subsidiary of Vancity) can manage that for them. Our staff can help you understand how and why the Canadian dollar fluctuates versus other major world currencies—and what you can do with that information in order to protect your company’s bottom line. Our foreign exchange business solutions including: sending and receiving payments, managing foreign exchange risk, multi-currency bank drafts and more.
Views: 412 vancity
Going abroad? Planning for a vacation? Looking to get your foreign currency notes ready? With the Hang Seng Online Foreign Currency Trading Service, you can exchange foreign currencies at your preferred rate anytime, anywhere. When you are ready, just collect your foreign currency notes at any branch. If you do not need to use the foreign currencies right away, you have the option to place them in a time deposit to enjoy higher interest rate than that of a savings deposit. To experience how to exchange foreign currencies and set up a time deposit online, let Hang Seng Mr.Banker show you now! For more details, please visit：https://bank.hangseng.com/1/2/rates Online FX buy/sell now：hangseng.com/e-banking Open a foreign currency account via online：https://bank.hangseng.com/1/2/personal/banking-services/account-opening Investment Corner provides you comprehensive FX information at a glance： https://bank.hangseng.com/1/2/investmentcorner/foreignexchange Online FX buy/sell demo： http://www.hangseng.com/cms/pws/files/demo/tmd/web/eng/index.htm Disclaimer The contents in this video are for illustration only and is not and should not be considered as a recommendation, offer or solicitation to deal in any of the investment products mentioned herein. This video is not intended to provide professional advice and should not be relied upon in that regard. Risk Warning RMB Currency Risk • Renminbi (“RMB”) is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time. Foreign Currency Risk • Foreign Exchange involves Exchange Rate Risk. Fluctuations in the exchange rate of a foreign currency may result in gains or losses in the event that the customer converts HKD to foreign currency or vice versa. “MaxiInterest” Investment Deposit Risk • This is a structured product involving derivatives. The investment decision is yours but you should not invest in the MaxiInterest Investment Deposit unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. Investors should read the relevant Important Facts Statement, Terms and Conditions and risk disclosure statement before making any investment decision. • Investors should note that this product is not capital protected and is not normal time deposit, and thus should not be considered as normal time deposit or its alternative. • Earnings on this product are limited to the nominal interest payable. As the principal and the earning will be paid in the Deposit Currency or the Linked Currency, whichever has depreciated against the other, investors will have to bear the potential losses due to currency depreciation, which may be substantial. If the product is withdrawn before maturity, investors will also have to bear the costs involved. Such losses and costs may reduce the earnings and the principal amount of this product. Investors should seek professional advice when necessary. The relevant Terms and Conditions of this product are available upon request to the staff of Hang Seng Bank Limited (the "Bank"). • This product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. • Investment in this product is subject to the credit risk of the Bank. • Renminbi (RMB) is subject to foreign exchange control by the PRC government and thus investors investing in the MaxiInterest Investment Deposit involving RMB is subject to the currency risk of RMB.
Views: 1148 恒生銀行 Hang Seng Bank
CAIIB Study Material (GBM) - International Banking Foreign Exchange Define: Exchange rates Foreign exchange Market Define: Foreign exchange Exchange rates Fundamental Reasons Technical Reasons Speculations Types of exchange Quotes of exchange Chain Rule Example of Chain rule Forwards Rate( 1,2,3,4 Pages)
Views: 3865 TutionCentral
In today’s forex forecast video, we discuss the outlook ahead for USD/JPY, NZD/USD, Fed rate hike bets and USD, along with Ryan Littlestone, Director at ForexLive, and Nick Batsford, CEO at Tip TV. Highlights: USD/JPY - “Area between 50% and the 61.8% Fibo always the big one. The current talk in the markets is ‘will the BOJ intervene’ or ‘can they intervene’. Its pretty much poised to extend losses given the consistency of the downtrend on the charts.” NZD/USD – “We got a 30 pip move after the RBNZ rate cut followed by a sharp rally. That’s what is happening with central banks these days.. minor drop in currency followed by sharp moves. The action reflectc central bank exhaustion. Next Fed rate hike likely to be met with similar reaction (in USD).” Tip TV Finance is a daily finance show based in Belgravia, London. Tip TV Finance prides itself on being able to attract the very highest quality guests on the show to talk markets, economics, trading and investing, keeping our audience informed via insightful and actionable infotainment. The Tip TV Daily Finance Show covers all asset classes ranging from currencies (forex), equities, bonds, commodities, futures and options. Guests share their high conviction market opportunities, covering fundamental, technical, inter-market and quantitative analysis, with the aim of demystifying financial markets for viewers at home. See More At: www.tiptv.co.uk Twitter: @OfficialTipTV Facebook: https://www.facebook.com/officialtiptv
Views: 359 Tip TV Finance
We simplify your financial learnings. ►►Subscribe here to learn more of Strategic Financial Management: https://goo.gl/HTY5SN CA Final SFM Fast Track Course: https://sfmguru.in/ca-final-sfm/ Find us on Facebook: https://www.facebook.com/SFM-Guru-1862953747049133/ Read more on our website: http://sfmguru.in/blog Cross Currency Calculations (Forex): Executing a foreign exchange transaction between the major international currencies is usually straightforward, as most banks will be trading and making a price between all the major currencies. However, for less common currencies, many banks will not run books and therefore rates are not always quoted or easily available. In order to establish the appropriate rate of exchange, the cross-rate between the two currencies has to be calculated. This works by translating the first currency into a common currency (often the US Dollar) and then translating the common currency into the second currency. This then determines the cross-rate between the two currencies. All foreign exchange rates are quoted base currency/variable currency – in other words, an amount of the variable currency in exchange for one unit of the base currency. So for USD/CAD, the US Dollar is the base currency and the rate quoted will be the amount of Canadian Dollars for one US Dollar. In most cases, the base currency will be US dollars for both currencies and this will enable the cross-rate to be calculated quite easily. However, for some currencies, the FX market convention is that the US Dollar is the variable currency, such as in the trade GBP/USD when the pound becomes the base currency and the amount of dollars varies. Finally we must remember that for all foreign exchange trades, the dealer can quote two numbers – the first is the bid rate (the rate at which the trader will buy the currency), the second is the offer rate (the rate at which the trader will sell the currency). The dealer always wants more currency if selling units of the base currency than will be given away if currency is being provided for units of the base currency. The difference is the margin and is one of the sources of profit to the dealer. Calculating cross-rates where there is a common base currency quoted for both currencies Where there are two currencies Y and Z both of which are quoted against X, the two exchange rates are X/Y and X/Z and the cross-rates will be: Y / Z = X / Z X / Y and Z / Y = X / Y X / Z Example To calculate the cross-rate between the Canadian Dollar (CAD) and the South African Rand (ZAR), using the US Dollar as the common currency. Let us assume that the Canadian Dollar and Rand are quoted as: USD / CAD = 1.58850 1.58880 USD / ZAR = 11.0500 11.1250 The first number is the rate at which the bank sells the currency being quoted against the US dollar and the second is the rate at which the bank buys the currency being quoted against the US dollar. So the cross rates can be calculated as: CAD / ZAR = USD / ZAR USD / CAD ZAR / CAD = USD / CAD USD / ZAR For CAD/ZAR – to buy a variable amount of ZAR per 1 CAD: Bid = 11.05000 1.58880 = 6.955 - the bank buys CAD and sells ZAR Offer = 11.12500 1.58850 = 7.003 - the bank sells CAD and buys ZAR So CAD/ZAR = 6.955 / 7.003 For ZAR/CAD – to buy a variable amount of CAD per 1 ZAR: Bid = 1.58850 11.12500 = 0.1428 - the bank buys ZAR and sells CAD Offer = 1.58880 11.05000 = 0.1438 - the bank sells ZAR and buys CAD So ZAR/CAD = 0.1428 / 0.1438 As you might expect these rates are the reciprocal of the CAD/ZAR rates. Calculating cross-rates where the common currency is the base currency in one pair and the variable currency in the other Once again there are two currencies Y and Z both of which are quoted against X, but the exchange rates are Y/X and X/Z, not X/Y and X/Z so the cross-rates are: Y / Z = Y / X x X / Z And Z / Y = 1 Y / X x X / Z Example To calculate the cross-rate between Sterling (GBP) and the Mexican Peso (MXN), using the US Dollar (USD) as the common currency. Let us assume that rates are quoted as follows: GBP / USD = 1.43130 / 1.43160 USD / MXN = 9.02000 / 9.03000 GBP / MXN = GBP / USD x USD / MXN MXN / GBP = 1 GBP / USD x USD / MXN For GBP/MXN – to buy a variable amount of MXN per 1 GBP: Bid = 1.43130 x 9.02000 = 12.91 - the bank buys GBP and sells MXN Offer = 1.43160 x 9.03000 = 12.93 - the bank sells GBP and buys MXN So GBP/MXN = 12.91 / 12.93 For MXN/GBP – to buy a variable amount of GBP per 1 MXN: Bid = 1 1.43160 x 9.03000 = 0.07735 - the bank buys MXN and sells GBP Offer = 1 1.43130 x 9.02000 = 0.07746 - the bank sells MXN and buys GBP So MXN/GBP = 0.07735 / 0.07746 #CrossCurrencyCalculation, #Forex, #InternationalFinance, #CrossRates
Views: 1007 CA Nikhil Jobanputra
The best FX trading strategies out there aren't some magic indicator, some weird hack, or quick little tip. Stop looking for those, you're going to lose. Instead, learn the one major thing top traders know that the other 99% do not. Your Forex trading plan must include this one concept. You're entire account depends on it. You can also read this on the blog: http://nononsenseforex.com/forex-basics/forex-trading-strategies/ IG Client Sentiment can be found here: https://plus.dailyfx.com/fxcmideas/intraday-list.do EUR/USD video: https://youtu.be/vVMMkmYYU4U Disclaimer - http://nononsenseforex.com/disclaimer/ Follow me on Twitter - https://twitter.com/This_Is_VP4X Ask Me Anything - http://nononsenseforex.com/ask-vp/
Views: 509826 No Nonsense Forex
외화예금 7개월만에 최대폭 감소 Korea's foreign exchange deposits saw a sharp drop in April. The nation's central bank points to the strong U.S. dollar and unusually high FX reserves in previous months as factors driving this trend. Kim Hyesung breaks down the digits for us. South Korea’s foreign exchange deposits saw the biggest on-month fall in seven months this April. The Bank of Korea said in a statement Tuesday that foreign currency deposits fell by three-point-one billion US dollars on-month to 78-point-2 billion dollars in April. The foreign exchange deposits recorded include those held by Korean citizens, local companies, foreign companies operating in Korea and foreigners who have lived in the country for more than six months. This is the biggest fall since September 2017, when the deposits tumbled by 3-point-48 billion dollars. "The foreign exchange deposits fell mainly as Korean exporting companies shed their U.S. dollar reserves on the stronger greenback last month. The on-month drop of over 30 billion dollars is not a small figure. But in the past several months, Korea's foreign exchange deposits were unusually high due to the strong Korean won on factors including lower North Korea risk. So in a way, the fall is more like a correction." The South Korean won weakened against the U.S. dollar, averaging 1-thousand-68 won against the greenback in April, up 4-point-5 won from a month earlier. According to the central bank, deposits in U.S. dollars shrank over three-point-7 billion dollars to 66-point-3 billion in April, accounting for about 85% of the total foreign exchange bank deposits. Deposits denominated in other foreign currencies, including the Japanese Yen, the Euro and Chinese Yuan all inched up slightly. Kim Hyesung, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld
Views: 383 ARIRANG NEWS