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)
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
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
Independent research into risk management best practise
Building a risk management program
The 4-step risk management program
Forward Exchange Contracts
Executing the Rolling Hedge
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.
Simon 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