Curs pregatire profesionala MONEY MARKETS: PRODUCTS & MARKET DISCIPLINE

    SEAP
    ID
    DA26335770
    Data
    14 Septembrie 2020
    Valoare
    11.560,4 RON
    Stare
    Oferta acceptata
    Autoritatea contractanta
    34952340 - FONDUL DE GARANTARE A ASIGURATILOR
    Localitate
    Bucuresti, Bucuresti
    Furnizor
    4362607 - Institutul Bancar Roman
    Tipul contractului
    Servicii
    Cod CPV
    80530000-8 - Servicii de formare profesionala (Rev.2)
    Descriere:
    Curs on line - piata monetara
    Achizitii
    5.780,2 RON
    Cantitate: 2
    Unitate masura: bucata
    ACI DEALING CERTIFICATE PREPARATION COURSE MONEY MARKETS: PRODUCTS & MARKET DISCIPLINE
    The course is developed to support those who are en route to sitting the examination for the ACI Dealing Certificate. The course is designed for the following groups:  risk and compliance officers  recent entrants and junior dealers (0-24 month’s experience) in the dealing room Despite the specificity of the content, the course can be very useful for those who are active in or anyhow linked with the Financial or Capital Markets. Other professionals potentially interested in this qualification:  Relationship Bankers  Account Managers  Accountants  Corporate treasurers CONTENTS Based on the Syllabus of the ACI Certificate, all items object of the examination will be addressed. Financial Markets Environment; Foreign Exchange; Rates (money and Interest Rate Markets); FICC (Fixed Income, Currency and Commodities) Derivatives and financial Markets Applications For all of these subjects the keywords and knowledge requested will be calculate, define, describe, explain, identify, outline and understand. Financial Markets Environment Overall Objective: The overall objective of this topic is for candidates to understand the functions performed by financial markets in the economy and to explain it different segments, their scope and instruments. Candidates will be able to understand the basic concepts of efficient markets and the impact of regulation and codes in financial markets. Referring to the life cycle of a typical financial market transaction, candidates will be able to explain its main phases. Foreign Exchange Overall Objective: The overall objective of this topic is for candidates to understand and to be able to explain basic foreign exchange rate quotations, their terminology, mechanics and the principal risks associated with FX spot and forward instruments. At the end of this section, candidates will be able to define the relationship between forward rates and interest rates, explain the use of FX outright forwards for foreign currency risk management and the use of FX swaps in rolling spot positions, hedging FX outright forwards, and in creating synthetic foreign currency assets and liabilities. Candidates will be required to perform basic calculations for FX market instruments. The candidates will be able to describe NDFs and, explain their rationale. Candidates will be able to understand and identify quotations for precious metals, and also demonstrate a basic understanding of the structure and operation of precious metals’ financial markets. Rates Overall Objective: The overall objective of this topic is for candidates to understand the principles of the time value of money, the function of the interest rates markets, the characteristics of the main types of money market instruments and interest rate capital markets instruments, as well as how they satisfy the requirements of different types of borrowers and lenders. Candidates will need to be able to calculate short-term interest rates and to perform standard calculations using quoted prices. Candidates will understand the basic characteristics and applications of a forward curve and of a yield curve and will be required to calculate them. At the end of this topic candidates need to be able to understand and outline the main features of bonds, particularly how they can be structured, priced and used as a key element in repo markets. Given the greater inherent complexity of repo instruments, candidates are required to be able to explain and calculate repo instruments issues and problems. FICC Derivatives Overall Objective: The overall objective of this topic is for candidates to understand how derivatives work and their function in financial markets. Candidates will be able to describe the mechanics of currency derivatives, how to use them and the fundamentals of currency options. Candidates will be able to identify basic currency option products and understand their purpose. Candidates will be able to describe the mechanics of interest rate derivatives, how to use them and the fundamentals of interest rate options. Candidates will be able to identify basic interest rate option products and understand their purpose. The candidates need to be able to perform basic calculations referring to the derivatives products included in the Syllabus. Financial Markets Applications Overall Objective: The overall objective of this topic if for candidates to understand the importance that risk has in defining the financial institutions’ business models and to understand the relevance of effective risk management framework as a key driver for sustainability of the business. Candidates will understand and be able to explain and identify major risk groups: market, credit, liquidity, operational, legal, regulatory and reputational risk; and to understand the significance of risk groups for different financial markets’ businesses and organizational units. Candidates are expected to outline the methods and procedures needed to measure and manage these risk types. Candidates will be required to outline the framework for Asset and Liability Management as an integrated balance sheet and risk management concept and to understand the importance of the Basel Accords for risk management issues.