Foreign Exchange Training Manual

A Comprehensive Guide to FX Markets, Products & Trading

Educational Purpose Notice

This training manual is for educational purposes. Originally written to help support professional junior traders, this content provides foundational knowledge of foreign exchange markets and instruments.

Welcome to FX Training

This comprehensive manual covers everything from basic spot transactions to complex options strategies. Each section builds upon previous concepts, so we recommend following the sequence for optimal learning.

📈 FX Spot Trading

Master the fundamentals of foreign exchange spot transactions, the foundation of all FX trading.

Currency Quotations Bid-Offer Spreads Cross Rates Settlement & Risk Market Conventions

⏰ FX Forwards

Learn how forward contracts work, pricing mechanisms, and practical applications in hedging and speculation.

Forward Pricing Interest Rate Differentials Forward Points Odd Dates Trading Strategies

🔄 FX Swaps

Understand swap transactions, funding mechanisms, and how to profit from interest rate differentials.

Swap Mechanics Short vs Long Dates Funding Operations Carry Trades Risk Management

🎯 FX Options

Explore vanilla and exotic options, the Greeks, volatility trading, and complex derivative strategies.

Options Basics The Greeks Volatility Trading Exotic Structures Risk Management

📊 Practice Problems

Test your knowledge with real-world scenarios and calculations from each section of the manual.

Spot Calculations Forward Pricing Swap Examples Options Strategies Solutions Guide

📚 Glossary & Reference

Quick reference for FX terminology, market conventions, and key formulas used throughout the industry.

Market Terms Key Formulas Trading Conventions Settlement Rules Quick Reference

Getting Started

Begin with FX Spot Trading if you're new to foreign exchange, or jump to any section that interests you. Each page includes practical examples, clear explanations, and actionable insights. The above is a table of contents preview of the Forex guide.

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