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Currency Derivatives & Forex Risk Management

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Currency Derivatives & Forex Risk Management

This course is part of Derivatives Trading & Risk Management Specialization

Instructor: EDUCBA

Included with

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5 modules

Gain insight into a topic and learn the fundamentals.

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

5 modules

Gain insight into a topic and learn the fundamentals.

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Analyze forex markets and currency valuation factors.
Apply futures and options for currency risk management.
Design hedging strategies to manage exchange rate volatility.

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

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Build your subject-matter expertise

This course is part of the Derivatives Trading & Risk Management Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 5 modules in this course

Learn how currency derivatives are used to manage exchange rate risk and analyze global forex markets with confidence. Build practical skills in currency futures, options, and hedging strategies used by businesses and financial professionals.

This course provides a structured introduction to currency derivatives and foreign exchange markets. You will learn how currencies are valued, understand key market participants, and explore how economic factors influence exchange rate movements. You will gain practical knowledge of currency futures, including contract structures, trading mechanics, margin systems, and settlement processes. The course also introduces currency options, explaining how pricing factors and market conditions influence option value. A key focus of the course is hedging strategies. You will learn how importers, exporters, and financial institutions use derivatives to protect against currency volatility. Advanced modules cover option strategies such as spreads, breakout analysis, and protective hedging techniques. By the end of the course, you will be able to analyze currency markets, apply derivatives strategies, and manage foreign exchange risk in real-world financial and business scenarios.

Module details

This module introduces the fundamental concepts of currency derivatives and the structure of the foreign exchange market. Learners explore how currencies are valued, the key participants in global forex markets, important foreign exchange terminology, benchmark rates, and the role of economic indicators in influencing currency movements.

What's included

8 videos4 assignments

8 videosTotal 68 minutes

Introduction to Currency Derivatives8 minutes
Functioning and Method of Valuing the Currency7 minutes
Major Currency Players in Foreign Exchanges7 minutes
Important Terminology in Foreign Exchanges9 minutes
There are Two Benchmark7 minutes
OTC Forward Market9 minutes
JPYINR12 minutes
Economic Indicators9 minutes

4 assignmentsTotal 60 minutes

Understanding the Currency Derivatives Market10 minutes
Key Concepts and Terminology10 minutes
Structure of the Foreign Exchange Market10 minutes
Foundations of Currency Derivatives30 minutes

This module focuses on the introduction to foreign exchange derivatives and currency futures. Learners examine how currency futures contracts function, understand market participants, and explore how businesses use currency futures strategies to hedge risk in international trade transactions.

What's included

8 videos4 assignments

8 videosTotal 77 minutes

Introduction to Foreign Exchange Derivatives10 minutes
Market Players8 minutes
Introduction to Currency Future8 minutes
Future Terminology11 minutes
Advantage, Limitations and Examples13 minutes
Introduction to Strategies Using Currency Future8 minutes
Example with Export and Import Trade Remittance10 minutes
Hedging for Currency Futures9 minutes

4 assignmentsTotal 60 minutes

Overview of Forex Derivatives10 minutes
Currency Futures Fundamentals10 minutes
Practical Applications of Currency Futures10 minutes
Foreign Exchange Market and Participants30 minutes

This module explores the operational aspects of currency futures trading. Learners study how trades are executed, how positions are managed, and how clearing, settlement, and mark-to-market processes help ensure transparency and risk control in derivatives markets.

What's included

8 videos4 assignments

8 videosTotal 71 minutes

Use Currency Futures12 minutes
Introduction to Trading in Currency Future10 minutes
Orders and Conditions in Currency Future Trade10 minutes
Introduction to Clearing in Currency Futures8 minutes
Compute Open Position6 minutes
Settlement Mechanism7 minutes
MTM Settlement9 minutes
Final Settlement and Risk Management8 minutes

4 assignmentsTotal 60 minutes

Trading Currency Futures10 minutes
Clearing and Position Management10 minutes
Settlement and Risk Processes10 minutes
Currency Futures Trading Mechanics30 minutes

This module introduces margin systems used in futures trading and the fundamentals of currency options. Learners examine margin requirements, margin enforcement processes, the structure of options contracts, and the key factors that influence option pricing.

What's included

8 videos4 assignments

8 videosTotal 77 minutes

Margine Requirements8 minutes
Margin Collection and Enforcement9 minutes
Introduction to Currency Options11 minutes
Similarities, Difference Between Futures and Option10 minutes
Style of Option8 minutes
The Important Factors in Options9 minutes
Option Strategies13 minutes
Bull call and Bull Put Spread10 minutes

4 assignmentsTotal 60 minutes

Margin Requirements in Futures Trading10 minutes
Introduction to Currency Options10 minutes
Option Pricing Drivers10 minutes
Margin Systems and Currency Options30 minutes

This module focuses on advanced option strategies and their application in currency markets. Learners explore bullish and bearish option spreads, neutral strategies, breakout analysis, protective strategies, and the practical uses of currency options in financial risk management.