Mastering Foreign Exchange: A Comprehensive Masterclass with Lindesay Brine from Macquarie Business School
Lindesay Brine, an expert in foreign exchange, recently conducted a masterclass on Foreign Exchange for the Management students of ATLAS SkillTech University. Lindesay Brine is the Associate Dean, Curriculum & Learning (Postgraduate), Macquarie Business School. The session was a comprehensive introduction to the global foreign exchange market and covered a wide range of related topics.
About Lindesay Brine
Lindesay Brine is an accomplished finance expert, educator and leader with vast experience in Education, Financial Services, Banking and Capital Markets. He has a strong track record of developing teams and cultivating relationships with senior executives and regulators. Lindesay is renowned for his learning agility and proactive approach to adapting to regulatory and environmental changes impacting financial services. With an active involvement in financial markets and treasury industry groups, Lindesay is a regular keynote speaker and panel member at domestic and international conferences.
The Masterclass on Foreign Exchange
The masterclass started with the basics of foreign exchange and moved on to more complex topics such as the time value of money, foreign exchange transactions, retail versus wholesale and the mechanics and risks of forward exchange transactions. Lindesay Brine explained how the forex market works, how orders are executed and the spectrum of FX products – from spot trades to exotic options. The session also covered why FX rates move and what drives them.
One of the most important parts of the session was the discussion on wholesale market mechanics. The wholesale market is where most of the forex trading takes place, and it is dominated by investor firms. Lindesay Brine explained how the market works, how orders are executed and the risks associated with trading in the wholesale market. The discussion covered the different types of wholesale market risks, including credit risk, market risk, settlement risk, documentation risk and KYC risk.
Another important topic that was covered in the session was investing in FX. Lindesay Brine explained how to form a view, execute trades, use stop-loss and take-profit orders, and invest with options. This section of the session was particularly useful for those who are interested in investing in the forex market.
The session concluded with Lindesay Brine’s advice on how to escape the dealing room. Lindesay Brine emphasized the importance of having a good understanding of the forex market, being able to form a view on the market, and having a sound investment strategy. Lindesay Brine also stressed the importance of being disciplined and not allowing emotions to influence trading decisions.
The masterclass was an impressive introduction to the world of foreign exchange. Lindesay Brine’s expertise and knowledge of the market were evident throughout the session. The session was a great learning experience for the Management students of ATLAS SkillTech University and provided them with valuable insights into the world of forex trading.
