As Reform of Chinese Finance and Foreign Exchange System were launched in 1994, domestic FX market has achieved a rapid growth in trading volume and became more mature. Instruments in FX market thus tends to draw more attention from market participants.

In order to meet the demands of market participants, help traders of FX market better understand the basic trading concepts, professional trading strategies and risk control, Shanghai CFETS-NEX (formerly named as CFETS-ICAP)  International Money Broking Co., Ltd. organized a primary FX business training for clients together with Comstar and Devega Investment Consulting Co.,Ltd. from October 25 to 26, 2013 in Shanghai.

This training program covered an introduction to the basic concepts, trading practices and management, history, market making, strategies of proprietary trading, risk management, trading rules and disputes, case study as well as simulated trading of FX market etc. Senior experts from Devega have been invited to make presentation with their rich experience.

Altogether 37 people attended this training. They are from trading and risk management departments of 22 financial institutions including Industrial and Commercial Bank of China, Bank of China, China Citic Bank, China Merchants Bank, Bank of Commercial and some foreign banks. It turned out to be highly appreciated and a success.