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Description

FX Derivatives and Structured Products: Building, Pricing and Hedging Exposure

Build currency hedges from vanilla options through to tailored structured solutions

  • 2 days — 14 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

Currency exposure cannot always be covered with a spot trade or a plain forward. Treasury teams ask for tailored profiles such as downside protection without giving up the upside, or a hedge at reduced premium cost. The challenge is to know exactly what the client is paying for and which risk remains on their books.

This short format deals exclusively with foreign exchange and is distinct from the sessions devoted to credit. You start from the forward and the vanilla option, then assemble the structured solutions most frequently requested. Each structure is broken down into building blocks and tested against rate scenarios.

Learning objectives

  • Break down an FX structured product into its underlying vanilla options
  • Price a simple hedge from observable market parameters
  • Compare the cost and risk profile of several alternative solutions
  • Explain to a client how the structure behaves under different rate scenarios
  • Identify the residual risks left with the client

What makes this programme different

Building-block breakdown of structures genuinely offered to treasury teams
Payoff and loss profiles constructed scenario by scenario
Talking points to explain the real trade-off behind a zero-premium structure

Programme

1Foreign exchange building blocks

From spot to options

  • Spot, forward and swap points
  • The vanilla option: parameters and reading the price
  • Implied volatility and price sensitivity
  • Direction of the exposure and reference currency

2Common structured solutions

Assembling a structure around a need

  • Collars and reduced-premium hedges
  • Barrier structures and knock-out effects
  • Multi-expiry and accumulating products
  • Reading the payoff profile against the final rate

3Hedging advice and ongoing follow-up

Selling a sustainable solution

  • Analysing a treasurer's hedging requirement
  • Comparing several solutions under the same scenarios
  • Duty to inform the client and traceability of advice
  • Monitoring positions and restructuring during the life of the trade

Who is it for

Markets sales professionals and structurers, along with corporate treasurers and relationship managers supporting exporting clients.

Prerequisites

Working knowledge of the spot and forward foreign exchange markets is required.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.