Top seminar on forex hedging

The Sri Lanka Shippers’ Council (SLSC) and the Academy for International Trade and Transport (AITT) the training arm of the Sri Lanka Freight Forwarders Association (SLFFA) together with Standard Chartered bank are conducting a seminar on the tools and products available to manage and hedge foreign exchange exposure.

The primary objective of the seminar is to update those involved in international trade as well as international transport providers and allied service providers about the global products and best practices in the management of foreign exchange risks. The seminar will be held on 7th September from 3-5.30 pm at the Bandaranaike Centre for International Studies (BCIS BMICH).

The programme will give the participants an understanding of foreign exchange risk, the hedging products available and how a company can select the option best suited to their individual exposure and industry. Technical expertise will be provided by Standard Chartered Bank Global Markets team, who structured and completed Sri Lanka’s first Rupee option.

The topic is a very important current event that discusses global markets as well as the domestic currency market and how best individuals and organisations could mange currency options in volatile conditions and befit at the same time
The organiser believe the seminar will benefit export/import companies, fund managers, accountants and finance managers as well as any individual or organisation dealing with Forex.

Standard Chartered completed two historic transactions the very first USD/LKR call option and the USD/LKR Put option in the Sri Lanka market. The team also successfully structured the country’s first commodity hedge which won them the Energy Risk Magazine’s most Innovative transaction award.

Contact: sushani@chamber.lk (2421745-6 at Ceylon Chamber of Commerce) or aitt@slffa.com or on 0777881947 for details and application forms.