Wholesale Money Markets Course
The money markets are the short-term financial markets where governments, banks and corporations access short-term funding through a variety of instruments, all with its own unique characteristics.
This online course is aligned to the learning outcomes of the new syllabus of the ACI Dealing Certificate.
The overall objective of the course is for learners to apply the principles of the time value of money, understand the function of the interest rate markets and gain an understanding of the characteristics of the main types of money market instruments.
What you will learn
Market Prices
Price yield instruments
Price discount instruments
Market Practice
Day count conventions
Repo markets and bond introduction
Market Applications
Multicurve overview
Trade finance introduction
Modules and Lessons
Money Markets 101
- Introduction to money markets
- Interesting-bearing instruments
- Discount instruments
- Day count and investment return calculations
Money Markets 102
- Repos and collateral
- Benchmark rates
- Capital gains and loss calculations
- Bills of exchange and Islamic Finance
Modular Course Design
The Risk-Nation Money Markets Course is designed to be a stand-alone course.
Due to its modular design, this course can be used as the starting module for students of the ACI Dealing Certificate.
This Certificate has become the de facto standard for new entrants into the Global Markets arena (Front Office, Treasury Sales, Legal or Compliance personnel, Technology Consultants and Quant Developers).
Quizzes
In the quest to gain new skills, it is crucial that a learner not only familiarise themselves with the theoretical underpinnings of the concepts at hand, but also practically demonstrate their understanding of the concepts.
It is for this reason that all our lessons conclude with a quiz that will probe your understanding of the theory and calculations. No learning can take place without friction and the quizzes are where learners are tested on their understanding of the lesson theory.
Practice Test
The course concludes with a practice test that tests a learner understanding of all the concepts covered and can be taken multiple times.
Next Gen
Built for browser, the course is accessible on any internet-enabled device and is built on state-of-the-art web technology:
- Experience lessons enriched with case studies and images.
- Footnotes and dictionary terms are accessible on-screen and provide an extra layer of interactivity.