This comprehensive course explores the intricate world of global banking operations with specialized focus on money markets, foreign exchange, and derivative products that facilitate international financial transactions. Participants will gain deep insights into the functioning of international financial markets, settlement systems, and risk management practices essential for global banking activities. The curriculum covers trading strategies, market conventions, operational processes, and regulatory requirements that underpin money market operations, foreign exchange trading, and swap transactions across different jurisdictions. Through practical simulations and real-market examples, learners will develop the expertise needed to navigate complex international financial transactions and manage associated risks effectively in a global context.
Global Banking Operations: Money Markets, FOREX, and Swaps
Banking, Insurance and Financial Services
October 25, 2025
Introduction
Objectives
Upon completion of this course, participants will be able to:
- Understand money market instruments and trading mechanisms
- Execute foreign exchange transactions across major currency pairs
- Structure and price various swap agreements effectively
- Manage settlement and operational risks in global operations
- Apply hedging strategies for currency and interest rate exposure
- Navigate global regulatory requirements and compliance standards
- Utilize trading platforms and systems for global operations
- Analyze market trends and identify trading opportunities
- Implement best practices in global operations management
Target Audience
- Treasury Operations and Dealing Staff
- Foreign Exchange Dealers and Traders
- Money Market Traders and Analysts
- Risk Management Professionals
- Operations and Settlement Staff
- Corporate Treasury Personnel
- International Banking Professionals
- Back Office and Middle Office Staff
Methodology
- Trading simulation exercises with live market data
- Case studies on market operations and crises
- Group analysis of market scenarios and opportunities
- Individual risk assessment and management exercises
- Syndicate discussions on regulatory changes and impacts
- Mini-case studies on settlement failures and solutions
- Platform demonstration and hands-on training
Personal Impact
- Enhanced understanding of global financial markets
- Improved trading and risk management skills
- Stronger operational process knowledge
- Better compliance and regulatory awareness
- Enhanced analytical and decision-making capabilities
Organizational Impact
- Reduced operational risks and financial losses
- Improved trading profitability and performance
- Enhanced regulatory compliance and reporting
- Better client service for international operations
- Streamlined global operations and processes
Course Outline
Unit 1: Money Markets
Instrument Overview- Interbank deposits and placement strategies
- Commercial paper and certificates of deposit
- Treasury bills and government securities
- Repurchase agreements and reverse repos
- Money market trading conventions
- Yield curve analysis and interpretation
- Liquidity management techniques
- Central bank operations and influence
Unit 2: Foreign Exchange Markets
FX Operations- Spot and forward transaction mechanics
- Currency pairs and quotation conventions
- Cross-currency calculations and arbitrage
- FX settlement processes and risk management
- Carry trade strategies and implementation
- Technical analysis in FX markets
- Fundamental analysis and macroeconomic factors
- Algorithmic trading in foreign exchange
Unit 3: Derivative Products
Swap Instruments- Interest rate swap structures and pricing
- Currency swap mechanisms and applications
- Credit default swaps and risk transfer
- Option strategies in banking operations
- Caps, floors, and collar structures
- Exotic options and structured notes
- Cross-currency swaps and basis swaps
- Inflation-linked derivatives
Unit 4: Trading Operations
Market Practices- Dealing room operations and workflow
- Risk limits and monitoring systems
- Trade confirmation and affirmation processes
- Position keeping and valuation methods
- Trading platform functionalities
- Risk management systems implementation
- Straight-through processing capabilities
- Data analytics and reporting tools
Unit 5: Settlement Systems
Operational Framework- RTGS and payment system operations
- CLS Bank for FX settlement processes
- Securities settlement systems and DVP
- Nostro and vostro account management
- Herstatt risk and settlement risk management
- Payment vs payment mechanisms
- Delivery vs payment processes
- Settlement failure management
Unit 6: Risk Management
Control Framework- Market risk measurement and VAR models
- Counterparty risk assessment and limits
- Settlement risk mitigation strategies
- Operational risk controls and monitoring
- Regulatory capital requirements
- Stress testing and scenario analysis
- Liquidity risk management
- Conduct risk and ethical standards
Unit 7: Regulatory Environment
Compliance Requirements- Basel framework implications for trading
- EMIR and Dodd-Frank requirements
- Local regulatory requirements across jurisdictions
- Reporting and disclosure standards
- IFRS accounting standards for derivatives
- MiFID II requirements for trading
- Sanctions and AML compliance
- Cross-border regulatory challenges
Ready to Learn More?
Have questions about this course? Get in touch with our training consultants.
Submit Your Enquiry