ACI Dealing Certificate Training Course

Course Category : Risk Management

This advanced programme provides a solid foundation in global financial-market operations, FX and money-market instruments, derivatives, and risk management, equipping participants with the competencies required to successfully achieve the internationally recognised ACI Dealing Certificate.
Duration: 5 Days
Level: Intermediate–Advanced

Introduction

The ACI Dealing Certificate is one of the most widely recognised global qualifications for professionals working in financial markets. This programme provides participants with a comprehensive understanding of money-market instruments, foreign exchange operations, derivatives, interest-rate mechanics, and market-risk principles.
The course integrates practical analytical techniques with the mathematical foundations needed for real-world dealing activities, enabling participants to calculate yields, spot and forward FX prices, forward-forward rates, and derivative valuations.
Participants will also gain exposure to asset-liability management, swap-dealing operations, operational procedures, and risk-monitoring practices essential for front-office, middle-office, and treasury environments. By the end of the programme, attendees will be fully prepared for the ACI Dealing Certificate examination and equipped for advanced responsibilities in global financial institutions..

Targeted Specializations

Junior and intermediate dealers in trading rooms.
Middle-office and treasury-operations personnel.
Compliance officers and risk-management professionals.
Individuals seeking advancement in financial-market careers.

Targeted Skills

Global financial-market comprehension.
Interest-rate and yield-calculation skills.
FX dealing and pricing capabilities.
Understanding derivatives (FRAs, Futures, Swaps, Options).
Risk-analysis and position-management skills.
Trading-system monitoring and operational awareness.

Expected Outcomes

Master the time-value-of-money principles and related calculations.
Compute yields, forward rates, and interest-rate relationships.
Understand the structure and characteristics of money-market instruments.
Apply spot FX pricing and essential FX-market terminology.
Hedge interest-rate and FX risk using derivatives.
Analyse positions and monitor market risk.
Manage swap-dealing operations effectively.
Understand FX and interest-rate option fundamentals.
Apply ALM principles for balance-sheet optimisation.
Identify and manage market, credit, liquidity, and operational risks.

Training Topics Index

Present- and future-value calculations.
Day-count conventions and yield conversions.
EURIBOR, LIBOR, EONIA definitions.
Broken-date calculations and interpolations.
Forward-rate calculations.
Money-market vs. bond-basis conversions.
Yield-curve construction and analysis.
Profit analysis and trading-system monitoring.

Characteristics of money-market instruments.
Domestic, foreign, and offshore markets.
Repo vs. sell/buy-back structures.
Collateral and custody arrangements.
Customer-transaction handling and profitability.
System monitoring for cash/Repo instruments.

Base vs. quoted currency.
Spot/bid/offer pricing.
Forward points and interest-rate parity.
Precious-metals settlement vs. book entry.
FX risk monitoring and cover-deal analysis.
Trading-system readiness for FX operations.

Mechanics of forward-forward contracts.
FRA calculation, hedging, and settlement.
Money-market futures and variation margin.
Swap-dealing operations (early & normal shifts).
Cash-flow verification and risk monitoring.
System-support functions for swap instruments.

Option definitions and components.
Call/put structures and payoff profiles.
Premium valuation and settlement.
OTC vs. exchange-traded options.
Monitoring option-related risk exposures.
System readiness for option pricing.

ALM definitions and concepts.
Impact of interest-rate, FX, liquidity, and credit risk.
Gap-management and duration-techniques.
Hedging using derivatives.
Credit-transfer instruments and securitisation.
Monitoring covered ALM transactions.

Market, credit, and operational-risk frameworks.
Legal, regulatory, and reputational risk.
Liquidity-risk assessment.
Monitoring risk from swaps and cover deals.
Trading-system support for full compliance.

Course Features

Modern and practical content
Real-world examples and leadership exercises
Pre- and post-course assessments to measure impact
Accredited certificate with QR code verification

ACI Dealing Certificate Training Course