Protect Your Profits
Against Fluctuating Currency Exchange Rates


Are volatile currency exchange rates hurting your profits or cash flow?
How can you make cross-border business decisions when faced with exchange rate risks?

Currency-related risks are a challenging but manageable bi-product of doing business internationally. Hedging is widely used to mitigate exchange rate risks. 

Join this 1-day FX Hedging Workshop to have in-depth understanding on managing all currency-related risks, and how they impact your profitability and cash flow. It can be an incredibly simple process if you understand the fundamentals and approach it with a systematic approach.

Monday, 21 August 2017

9:00 am – 5:00 pm, Lunch is provided
SFIC Office, 62 Sungei Kadut Loop #04-19, Singapore 729507


Early Bird Registration Fee:   S$30 (Before 31 July 2017)

Registration Fee:                     S$50 (Before 17 August 2017)

To register, please email to piakloo@singaporefurniture.com
*LIMITED SEATS AVAILABLE

FX HEDGING WORKSHOP 

ABOUT THE SPEAKER

OUTLINE

The course delves into a thorough look at the risk management strategies and a wide range of hedging solutions (from FEC’s to Exotic Options) that can be used to both mitigate and also take advantage of currency fluctuations. There will be a mix of classroom-based learning along with practical industry examples.

Overview of currency markets and volatility

  • The basics of what drives currency markets
  • Major and Exotic currencies
  • Fundamental & Technical Analysis

Why Hedge?

  • Without understanding the reason why, there will always be an unhappy outcome when hedging.

The impact of exchange rate moves on a Profitability and Cash Flow

  • Practical example of currency volatility
  • In depth discussion on what happens as a result of exchange rate moves

What happens when it all goes wrong?

  • Practical example of businesses that got it all wrong
  • What could they have done differently

Best practice

  • Independent research into risk management best practise

Building a risk management program

  • The 4-step risk management program

Hedging Strategies

  • Forward Exchange Contracts
  • Options
  • Natural Hedging

Executing the Rolling Hedge



Simon Bishop
Western Union
Director of Corporate Hedging, APAC

Simon has been involved in financial markets since the mid-1990’s. Starting his career as an interbank trader in the Foreign Exchange market through some incredibly volatile times such as the Asian Currency Crisis and the launch of the EUR. In 2001 he took 2 years off travelling around South America he returned to Australia opening his own finance and advisory business in 2003 which he ran for 7 years.

He has been with Western Union since 2011 in various capacities including Heading up the Melbourne dealing room and the Corporate Hedging business across Australia before taking over responsibility for the APAC region in late 2014.

Simon is very much sort after as a Subject Matter Expert in the field of Currency Outlook and how companies could protect their businesses against Currency Volatility.

S imon has spoken on numerous occasions in workshops and forum organized by International Enterprise Singapore. Other business events that Simon was invited as a Keynote Speaker includes the following:
  • CFO Innovation Asia Forum (Singapore)
  • Institute of Chartered Accountants Australian - Business Forum (Melbourne & Sydney)
  • Australian Business Forum – China Business Forum and B2B Expo
  • Export Consultants of Australia Bi-Annual conference
  • Sky Business News 


For enquiries, please contact Piak Loo at  piakloo@singaporefurniture.com .
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