Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

New York Institute of Finance

Introduction to Foreign Exchange (FX)

New York Institute of Finance via edX Professional Education


This course discusses the structure and trading conventions of the foreign exchange (FX) markets for both spot (immediate delivery) and forward (future delivery) transactions.

You will learn about the characteristics of foreign exchange markets and how to calculate FX rates.

This course will use examples to illustrate the no-arbitrage calculation of cross rates and forward rates along with their use for hedging FX exposures.


LO1: Foreign Exchange Rates Overview LO2: Characteristics of FX Markets LO3: Foreign Exchange: Exposure and Cross-Rates LO4: Spot Markets LO5: Virtual Currency

Taught by

Jack Farmer


Start your review of Introduction to Foreign Exchange (FX)

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.