Education
The role of ACI Singapore is to provide a suite of courses/programmes
aimed at both new entrants to the industry and the seasoned
professionals in Foreign Exchange, Money Markets, Derivatives, Repos,
Risk Management etc for both front, middle and back-office staff.
Since 2004, ACI Singapore has trained more than 2,000 aspiring and
existing practitioners.
Current and up-and-coming courses are:
ACI Non-Deliverable
Products Course (NDP)
Date: 18 February &
25 February 2012 (9th intake)
Click here
for the NDP brochure
ACI Currency Options
Foundational Course (COF)·
Date: 3 March & 10
March 2012 (1st intake)
Click here for the COF brochure
ACI Singapore Dealing
Simulation Course (DS)
Date: 27 March to
30 March 2012
Click here for the DS brochure.
ACI Currency Options
Advanced Course (COA)
Date: 14 April & 21
April 2012 (1st intake)
Click here for the COA
brochure.
ACI-SMU
FICS Programmes
·
Financial Markets Certificate
·
Financial Markets Operations Certificate
·
Professional Certificate in Treasury Sales
·
Professional Certificate in Financial Markets Product Control
·
Professional Certificate in Financial Markets Operations
·
Specialist Certificate in Product Control
·
Specialist Certificate in Financial Markets Operations
For the information of the above ACI-SMU FICS programmes, please log on
to
http://www.smu.edu.sg/centres/fti/courses.asp
More ACI-SMU FICS Programmes will be launched in the coming months.
Front Office Training
ACI Non-Deliverable Products Course (NDP)
Since the
implementation of capital controls and restrictions placed on
participation in the domestic foreign exchange markets of various
countries over the past few years, Non-Deliverable Products have
developed and proliferated in the wholesale financial markets in Asia,
Eastern Europe as well as in various Latin American economies. With
scattered or minimal information and an absence of formal systematic
training for market practitioners thus far, ACI Non-Deliverable Products
course (NDP) serves to bridge this gap by providing practical
information and knowledge to attendees seeking greater insights into the
NDP market. It aims to equip participants with a working knowledge of
the background, structure and workings of the core NDP products,
including forwards, interest rate derivatives and options.
This course has been conceptualized and developed by ACI Singapore, and
draws information and knowledge from its member-practitioners. For
better interaction and discussion, classes will be limited to no more
than 25 participants. Participants are therefore strongly encouraged to
register early to avoid disappointment. Seats will be allocated on a
first-come, first-served basis, with priority given to existing ACI
members. The NDP course will be delivered over 14 hours, comprising two
Full-Day sessions, normally over 2 consecutive Saturdays from 9 am to 5
pm, inclusive of tea-breaks and lunches.
ACI Currency Options
Foundational Course (COF)
The Currency Options Foundational Course (COF) which aims to provide a
strong foundation on the basics of Currency Options. The Course will be
the first in a new series of courses on Currency Options & Derivatives.
The aim of the Foundational Course is to establish the building blocks.
All the terminology and concepts must be understood by those who plan to
take the Advanced Course. The focus will be on the basics (concept,
terminology, theory) so as to develop a strong foundational knowledge
and understanding. As a Foundational Course, it will be informative no
matter what the job function of the participant. Although pricing models
may be discussed and referenced, the focus of the course will be
qualitative rather then quantitative.
The final section of the Basic Course will introduce day to day
information that will be instructive to traders, sales people and
structurers. As the market continues to grow the need for a deeper
understanding of Currency Options is paramount. In Asia we see the
growth as more and more banks enter the Currency Options space, not just
as customers
The COF course will be delivered over 14 hours, comprising two Full-Day
sessions, over 2 consecutive Saturdays from 9 am to 4 pm, inclusive of
tea-breaks and lunches.
ACI Currency Options Advanced Course (COA)
Currency Options Advanced Course (COA) which is targeted at treasury
markets professionals who have a foundational knowledge of Currency
Options, and who want to understand trading and structuring better. The
COA course will build upon the material from the ACI Currency Options
Foundational (COF) Course. However the course will admittedly be
weighted more to trading.
The first day will focus on trading and risk management of FX Options
from an end user and an Options Trader perspective. The emphasis will be
on Vanilla options pricing and trading. The second day will complete the
discussion on the trading “Need to Knows” and transition into an
introduction to exotics. We will then move onto more advanced exotic
structures. A few of the more common, 2nd generation exotic options
structures will be discussed.
The COA course will be delivered over 14 hours, comprising two Full-Day
sessions, over 2 consecutive Saturdays from 9 am to 4 pm, inclusive of
tea-breaks and lunches.
ACI Singapore Dealing Simulation Course (DS)
ACI Singapore Dealing Simulation (DS) Course is organized by ACI
Singapore and working in association with our colleagues from ACI
Australia. This course has been successfully conducted around the world
during the last 10 years and is regarded as the fastest and most
effective way to acquire invaluable practical knowledge of the trading
environment in the treasury markets. Participants experience real-life
simulated trading scenarios over 4 consecutive high-impact course days.
This course is ideal for new market entrants and junior traders, as well
as others who are interested in gaining some practical knowledge of our
trading environment.
The
Singapore Financial Training Scene – selected information
FICS Financial Markets Trading (Role IV)
More…
A
note on eligibility for Financial Sector Development Fund
More…
ACI-SMU FICS Programmes: Memorandum of Understanding signed between ACI
Singapore, ACI Asia and SMU to develop professional training in
wholesale financial markets
26 August 2009
marked a milestone for ACI Asia – The Financial Markets Association (ACI
Asia), ACI Singapore – The Financial Markets Association (ACI Singapore)
and the Singapore Management University (SMU), as a Memorandum of
Understanding (MOU) was signed by the 3 partners to launch a series of
training and certification programmes for professionals in the financial
markets industry in Singapore and the Asian region. This represents the
first significant collaboration between a local Singapore university and
the leading global association of wholesale financial markets
professionals.

MOU
Signing Ceremony.
From
left to right:
Associate Professor Annie Koh, Dean of Executive and Professional
Education,
SMU,
Mr
Eddie Tan, President ACI Asia, Professor Tan Chin Tiong, Deputy
President (External Affairs), SMU and Mr David Lau, President ACI
Singapore
The
academic collaboration between ACI Asia, ACI Singapore and SMU will
result in a comprehensive suite of courses covering the whole spectrum
of financial markets job functions & related specialisations.
The curriculum
will be designed to meet the rigorous professional standards of ACI,
benchmarked against industry best practices as well as the stringent
requirements of Singapore’s Financial Industry Competency Standards (FICS).
Industry professionals from financial institutions and qualified
individuals in Singaore who enroll in FICS accredited training
programmes can apply for up to 90% funding support under the Financial
Sector Development Fund (FSDF) set up by the Monetary Authority of
Singapore (MAS).
Since the start of 2010, a series of ACI-SMU FICS programmes are
launched. More ACI-SMU FICS Programmes will be launched within the
coming months.
“The global financial crisis points to a critical need for financial
market professionals to go back to basics and knowing how to link the
value chain in financial services, be it in trading, treasury sales,
product control, risk management or back office support. SMU's
partnership with ACI Asia and ACI Singapore is both timely and
strategic. By bringing onboard a leading regional association in
financial markets and top-tier industry experts in this area, we are
able to develop a cutting-edge curriculum and training roadmap that will
meet the ever evolving needs of the industry,” said Associate Professor
Annie Koh, Dean of Executive and Professional Education, SMU.
“ACI Asia sees this partnership with SMU & ACI Singapore as a milestone
in raising the professional competency levels of our members throughout
the Asian region. Our education platform is crucial to developing a set
of common and consistent standards of best practices which will ensure
efficient and seamless execution of financial products and services
across the region,” said Mr Eddie Tan, President, ACI Asia.
"ACI
Singapore has been very successful with its Settlement Operations
Training Course (SOTC) and Middle Office Training Course (MOTC)
programmes, and has trained over 2,000 professionals since 2004. We are
delighted with the opportunity to collaborate with SMU, as it enables
ACI Singapore to expand on its suite of training programmes by tapping
on the academic experience and vast educational infrastructure of SMU.
We are committed to raising the standards of professionalism not only in
our Singapore market but, together with ACI Asia, throughout the region,
and education is the main platform through which we expect to serve our
members and our industry,” said Mr Mervyn Fong, Managing Director, ACI
Singapore.
The
ACI-SMU FICS Programmes will replace ACI Singapore’s former suite of
Settlements Operations Training Course (SOTC) and Middle Office Training
Course (MOTC).
While every care has been taken in the compilation of the content here,
ACI Singapore cannot accept responsibility for any inaccuracies or
changes, or for consequential losses arising from such changes or
inaccuracies, or for any other loss direct or consequential arising in
connection with information in the content here.
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