Foreign Exchange Markets

• Overview of FX markets
• Market conventions (currency pairs, quote notation)
• Market participants (banks, corporates, hedge funds)
• FX spot market dynamics
• FX forward market dynamics

Option Basics

• Overview of options
• Call and put options
• Option payoffs and profits
• Option pricing models

FX Option Structures

• Vanilla options
• European options
• American options
• Exotic options
• Barrier options
• Asian options
• Digital options
• Compound options

FX Option Pricing Models

• Black-Scholes model
• Garman-Kohlhagen model (BS for FX)
• Market conventions adjustments
• Volatility surfaces and smile
• Stochastic volatility models
• Local volatility models

Greeks and Risk Management

• Delta, gamma, theta, vega
• Hedging strategies
• Sensitivity analysis
• Risk management techniques

Numerical Methods

• Finite difference methods
• Monte Carlo simulation
• Quasi-Monte Carlo methods
• Fourier transform techniques

Market Practices and Regulations

• FX market regulations
• Best execution practices
• Role of regulatory bodies (e.g., SEC, CFTC)

Industry Trends and Developments

• Recent advancements in FX option pricing
• Machine learning applications
• High-frequency trading and FX options

Risk Management

• Risk metrics in FX options
• Portfolio management techniques
• Risk limits and controls

Apply for Certification

https://www.vskills.in/certification/foreign-exchange-option-pricing-certification-course