ACI Dealing Certificate Training – New Version

The ACI Dealing Certificate Training is a globally recognised treasury and financial markets qualification designed to provide participants with a strong foundation in the structure and operation of the major foreign exchange and money markets. The programme covers financial market environments, foreign exchange, money markets, interest rates, derivatives and practical financial market applications. Participants will gain both theoretical understanding and practical knowledge required for treasury and dealing room operations. The ACI Dealing Certificate is recognised worldwide as the benchmark qualification for treasury professionals and serves as the first step towards the ACI Diploma qualification. The programme is particularly suitable for professionals working in banks, treasury departments, financial institutions and capital markets environments. Learning Outcomes Participants will be able to: Understand major financial market structures and participants Apply interest rate calculations and yield concepts Understand foreign exchange markets and trading conventions Analyse money market products and instruments Understand forwards, swaps and derivatives Apply principles of risk management Understand treasury operations and dealing room practices Prepare effectively for the ACI Dealing Certificate Examination Suitable For Junior Dealers Treasury Professionals Middle Office Personnel Operations Staff Risk Managers Compliance Officers Banking Professionals Finance Graduates

Course Syllabus Day 1: Session 1: Introduction to the program: Session 2: Basic Interest Rate Calculations and yield curves Day 2: Session 1: Bonds and other fixed income instruments Session 2: Introduction to foreign exchange covering conventions and calculations in the spot market as well as cross rates. Day 3: Session 1: The use of outright forward FX, FX swaps, time options and NDFs Session 2: Coupon Interest rate swaps and cross currency swaps and their application the characteristics of options, their risk profile and their application. Day 4: Session 1: Options Day 5: Session 1: The various risks such as; credit, market, liquidity, will be identified. The importance of market documentation will be explained. The various risk mitigation methods will be discussed. The concepts of duration, basis point value and the use of limits will be explained. The measurement of market risk using Value at Risk will be examined. The function of the Asset and Liability function will be covered.