Forex Market Transactions

Diploma in FOREX Transactions - Level 3

Forex is the largest global market in the modern world, with a daily volume of $5.1 trillion. It is a great place to make investments and more and more traders are flocking towards this market. It is vital to understand the importance of this market and how it works in the current world to embark on various careers such as finance reporting, business consultancy, investment management, financial analysis, accounting and many more. Therefore, this Diploma in Forex Transactions – Level 3 has been developed to help you comprehend the transactions of this market to help you with your employment and career.

After a very brief and thorough introduction to the forex market, this course will head you towards understanding elements such as derivative, derivative futures, options and swaps. The derivative forwards market will also be explained adequately, while focusing on its role within the foreign exchange market, thus making this course a wonderful learning opportunity for individuals interested in understanding the forex exchange market.

This course has made provisions to enlighten learners on the risks related to forex market such as currency risks and many more and the tools used to manage them effectively. You will also systematically learn about the various participants within this market and the effects of foreign exchange market in money stock and money market liquidity.

The course has been endorsed under the Quality Licence Scheme. This means that Global Edulink* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. the Quality Licence Scheme endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

*Study365 is an approved reselling partner for Quality Licence Scheme courses under Global Edulink

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales*

What will I Learn?

• Get briefly introduced to the foreign exchange market
• Understand derivative forwards, derivatives futures, options and swaps
• Learn about currency risks and other risks that might affect the foreign exchange market
• Gain an insight into the participants and their roles in a foreign exchange market
• Discover the effects of foreign exchange market in money stock and money market liquidity

Course Curriculum

1: What Is Foreign Exchange Market

2: Derivative Forward Market

3: Analyse Derivative Futures, Options & Swaps

4: Analyse Risks Other Than Currency Risk & Identify Other Risk Management Tools

5: All Participants In The Foreign Exchange Market

6: Effects Of Forex Transactions On The Money Stock & Money Market Liquidity

7: Endnotes

Method of Assessment

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

Please Note: Additionally, £79 is charged for assessment and certificate and you need to pay that when you are submitting your assessments only (It is not required to pay initially when you are registering). This payment can be paid into 02 installments when you are submitting your assessments.

Certification

At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Accredited Body

Accredited body (Accreditation) the Quality Licence Scheme has long-established reputations for providing high quality vocational qualifications across a wide range of industries. the Quality Licence Scheme combines over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, the Quality Licence Scheme also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

• This course is suitable for accounting professionals, foreign exchange salespeople, business consultants and financial analysts
• Anyone wishing to learn about the foreign exchange market might also find this course worthwhile

• Learners must be age 19 or over and should have a basic understanding of the English Language, numeracy, literacy, and ICT.
• A recognised qualification at level 2 or above in any discipline.

• Accounting Manager – £31,357 per annum
• Business Consultant – £38,159 per annum
• Financial Analyst – £30,998 per annum
• Financial Controller – £47,040 per annum