Optimal preparation for the ACI exam The ACI Dealing Certificate is increasingly becoming a standard requirement in the treasury. This certificate is recognised worldwide and attests to the holder‘s mastery of the fundamental instruments and structures of a modern treasury. As the „licence to deal" it is therefore a must for every trader. With a pass rate of about 86 % the Finance Trainer Cyber*School is an optimal preparation for this international ACI exam. - Financial mathematics
Interest calculation methods and conversions in the money and capital markets, interpolation, computing discount rates, interest yield curves, forward rates, present and future values
- Cash money market instruments
Deposits, bills of exchange, treasury bills, CDs, CPs, repos, margin calculations, cash flows
- Foreign exchange
Spot and crosses, outrights, FX swaps, forward/forward and precious metals
- Short-term interest derivatives
FRAs, futures, money market swaps, OIS, arbitrage strategies, correlations between instruments
- Options
FX and interest options: inherent value and MTM, meaning of delta, gamma, vega and theta, delta hedging, options strategies
- Risk factors
Credit, market, liquidity and operational risk: risk capital, risk components of the relevant instruments, CLS, collaterals, netting, limits and VaR
- The Model Code: "Best market practice"
Role of the Committee for Professionalism, market terminology, market conventions, standards for customer and broker relationships
Target group- Traders interested in preparing for the ACI Dealing Certificate exam
- Junior traders seeking a systematic introduction to the treasury field
- Mid-office, settlement and auditing staff wishing to increase their understanding of trading practices
Scope- Interactive study based on approx. 1.200 questions, answers and explanations
- Approx. 350 pages of documentation
Exam guideline |