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.
In 2020 the syllabus and the exam (exam code 002-101) were reviewed and updated. The Finance Trainer Cyber*School covers 1:1 the contents of the new syllabus.
- Financial Markets and codes
Financial markets: markets, actors, roles and interdependencies. Contents and aims of the most important bank regulations: Basel 1/2/3, Dodd-Frank Wall Street Reform, MIFID, Market Abuse Regulation uad Benchmark Regulation. Contents and aims of FX Global Code, Global Precious Metals Code und United Kingdom Money Markets Code
- Foreign exchange
Spot and crosses, outrights, FX swaps, forward/forward and precious metals: terminology, markets, applications, arbitrage strategies and calculations
- Cash money market and capital markets instruments
Deposits, bills of exchange, treasury bills, CDs, CPs, repos, Mudarabas and bonds: terminology, markets, applications, arbitrage strategies and calculations
FRAs, futures, money market swaps, OIS, FX and interest options: terminology, markets, applications, arbitrage strategies and calculations
- Risk factors
Credit, market, liquidity and operational risk: risk capital, risk components of the relevant instruments, CLS, collaterals, netting, limits and VaR; Basel 2/3 regulations (equity eligibility, equity requirements for credit and market risks, LCR/NSFR, leverage ratio, pillar 2 requirements), Role of ALM in the overall bank organisation; market risk measurement, limits