In order to follow the trends of inter-bank market development, meet the demands of market participants and help traders better understand the product of FX option and its trading strategies, Shanghai CFETS-NEX (formerly named as CFETS-ICAP)  International Money Broking Co., Ltd. organized FX option trainings in Beijing and Shanghai on June 29, June 30 and July 13, 2013 respectively.

The training program provided an introduction to the development, basic concepts, trading strategies, principle of hedging, bid/off practices, risk management, case study, etc. to the trainees. They were conducted in lecture and simulated trading. Senior experts from CFETS and market participants were invited to deliver speeches.

Altogether 115 people attended the trainings. They are from trading and risk management departments of 38 market participants, including China Development Bank, Export-Import Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, some joint-stock banks, small and medium banks and foreign banks. This program turned out to be highly appreciated and successful.