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Professional training programme

FX & Fixed Income Dealing Simulation

An intensive 5 days of practical market training, trading simulations and applied risk management.

Limited slots available 7–11 December 2026 Nairobi, Kenya
Register your interest → View the agenda
Dates
7–11 December 2026
Monday to Friday · 5 days
Venue
Nairobi, Kenya
Venue to be confirmed
Fee
USD 945
Per participant
Your trainer
Robert van Loon
Founder of EduMarkets
Course highlights

What the week covers

From FX spot to interest rate swaps, every topic is paired with live dealing practice.

  1. 1

    Hands-on dealing simulations on a trading platform

  2. 2

    FX spot, forwards, NDFs, FX swaps and cross currency swaps

  3. 3

    Money markets, repo and interbank reference rates

  4. 4

    Bonds, yield curves, duration and DV01

  5. 5

    Credit spreads and interest rate swaps

  6. 6

    Insights on developments in the Kenyan markets

Learn the concepts

Each day starts with a recap and focused sessions on market structure, pricing and conventions.

Trade them live

Simulation sessions on a trading platform put the theory into practice, from EURUSD spot to USDKES forward points and a fixed income strategy.

Debrief and apply

Daily debriefs and Q&A turn each simulation into lessons for risk management on your own desk.

Programme

Day-by-day agenda

Proposed agenda. Timings and content may be adjusted before the programme.

Day 1 · Monday 7 December

FX market foundations, FX spot and the open-outcry simulation

09:00 – 17:30
  1. 09:00to 09:30
    Introduction and programme opening
  2. 09:30to 10:00
    Historical overview of the international FX market
  3. 10:00–10:15
    Break
  4. 10:15to 11:15
    Structure of the international FX market
  5. 11:15–11:30
    Break
  6. 11:30to 12:30
    Developments in the Kenyan markets
    • Guest speaker
  7. 12:30–13:30
    Lunch
  8. 13:30to 14:30
    FX Spot
    • Quoting conventions
    • Trade execution best practices
    • Trading strategy
    • Cross rates
  9. 14:30–14:45
    Break
  10. 14:45to 15:45
    Open-outcry trading simulationSimulation
    • Rules of the simulation
    • Bid/ask spread
    • Skewing prices
  11. 15:45–16:00
    Break
  12. 16:00to 17:00
    Open-outcry trading simulation – continuedSimulation
  13. 17:00to 17:30
    Simulation debrief, Q&A and wrap-up of the day

Day 2 · Tuesday 8 December

Money markets, simulation kick-off and FX forwards

09:00 – 17:30
  1. 09:00to 09:30
    Recap of day 1
  2. 09:30to 10:00
    Money Market overview
    • Interbank funding rates
  3. 10:00–10:15
    Break
  4. 10:15to 11:15
    Money Market overview – continued
    • Money market reference rates (IBOR and RFR)
    • Repo markets
  5. 11:15–11:30
    Break
  6. 11:30to 12:30
    Introduction to the trading simulationSimulation
    • Login to the platform
    • Explanation of the interface
    • Trial session
  7. 12:30–13:30
    Lunch
  8. 13:30to 14:30
    Trading simulation session 1Simulation
    • EURUSD spot
  9. 14:30–14:45
    Break
  10. 14:45to 15:45
    FX Forwards
    • Link to money markets
    • Covered interest rate parity
  11. 15:45–16:00
    Break
  12. 16:00to 17:00
    Trading simulation session 2Simulation
    • USDKES spot
  13. 17:00to 17:30
    Simulation debrief, Q&A and wrap-up of the day

Day 3 · Wednesday 9 December

FX forwards, NDFs, FX swaps and cross currency swaps

09:00 – 17:30
  1. 09:00to 09:30
    Recap of day 2
  2. 09:30to 10:00
    FX Forwards – continued
    • Calculating forward points
    • Forward points calculation exercises
  3. 10:00–10:15
    Break
  4. 10:15to 11:15
    Non-Deliverable Forwards (NDFs)
    • Applications of NDFs
    • NDF fixings
    • Practical NDF considerations
  5. 11:15–11:30
    Break
  6. 11:30to 12:30
    Trading simulation session 3Simulation
    • EURUSD forward points
  7. 12:30–13:30
    Lunch
  8. 13:30to 14:30
    FX Swaps
    • Applications of FX swaps
    • Quoting conventions
    • Trade execution best practices
  9. 14:30–14:45
    Break
  10. 14:45to 15:45
    Cross Currency Swaps
    • Cross currency swaps as a funding instrument
    • Cross currency basis
    • Quotes and market conventions
  11. 15:45–16:00
    Break
  12. 16:00to 17:00
    Trading simulation session 4Simulation
    • USDKES forward points
  13. 17:00to 17:30
    Simulation debrief, Q&A and wrap-up of the day

Day 4 · Thursday 10 December

Electronic FX and fixed income fundamentals

09:00 – 17:30
  1. 09:00to 09:30
    Recap of day 3
  2. 09:30to 10:00
    Electronic FX
    • Liquidity dynamics
    • 2025 themes
    • Clip spacing and best execution
  3. 10:00–10:15
    Break
  4. 10:15to 11:15
    Fixed Income – introduction
    • Types of bonds
    • Bond pricing, yield defined, price/yield relationship
    • Introduction to yield curves
  5. 11:15–11:30
    Break
  6. 11:30to 12:30
    Fixed Income – risk management
    • Duration and DV01
    • How to use for trading and risk management
  7. 12:30–13:30
    Lunch
  8. 13:30to 14:30
    Fixed Income – trading strategies
    • Outright positions
    • Curve steepeners and flatteners
  9. 14:30–14:45
    Break
  10. 14:45to 15:45
    Fixed Income simulationSimulation
    • Using current market data, participants develop a fixed income trading strategy and evaluate it under different scenarios
  11. 15:45–16:00
    Break
  12. 16:00to 17:00
    Fixed Income – corporate bonds and credit spreads
    • Introduction to credit markets
    • Credit ratings
    • Fixed rate bonds vs FRNs
  13. 17:00to 17:30
    Simulation debrief, Q&A and wrap-up of the day

Day 5 · Friday 11 December

Credit spreads, interest rate derivatives and the final simulation

09:00 – 15:00
  1. 09:00to 09:30
    Recap of day 4
  2. 09:30to 10:00
    Fixed Income – corporate bonds and credit spreads (continued)
    • Different spread measures used in the market
  3. 10:00–10:15
    Break
  4. 10:15to 11:15
    Introduction to interest rate derivatives
    • Overview of interest rate swaps
    • Applications of interest rate swaps in hedging and trading
  5. 11:15–11:30
    Break
  6. 11:30to 12:30
    Introduction to interest rate derivatives – continued
    • Intuitive pricing and valuation
  7. 12:30–13:30
    Lunch
  8. 13:30to 14:30
    Trading simulation session 6Simulation
    • Trading two assets at the same time
    • FX and bonds
  9. 14:30to 15:00
    Summary of the programme and Q&A
  10. 15:00
    Closing of the programme
Your trainer

Learn from a practitioner

Robert van Loon
Robert van Loon
Independent trainer · Founder of EduMarkets

Robert van Loon is an independent trainer and the founder of EduMarkets. He delivers financial training globally for banks, institutional investors, hedge funds and business schools. His areas of expertise are Financial Markets, Derivatives and Trading, and he has extensive experience training audiences ranging from graduates to senior executives and board members.

He draws on more than two decades in and around financial markets, with first-hand insight into both the buy side and the sell side.

  1. Tilburg University
    Master’s degree in Investment Theory.
  2. ABN AMRO, Amsterdam
    Started his career on the trading floor.
  3. APG Asset Management
    Buy-side trader responsible for the currency trading book, ran a proprietary trading portfolio and traded derivatives across asset classes.
  4. Goldman Sachs, London
    Five years on the Fixed Income, Currencies & Commodities trading floor, advising Northern European institutional clients on strategic and tactical financial risk management.
  5. EduMarkets
    Founder of an interactive learning platform for financial markets, derivatives and trading, offering pricing models, scenario builders and practical explainers.
Join the programme

Programme details and registration

Dates
7–11 December 2026
Daily hours
09:00 – 17:30, Monday to Thursday
09:00 – 15:00 on Friday
Venue
Nairobi, Kenya (venue to be confirmed)
Fee
USD 945 per participant
Format
5 days of practical training with hands-on trading simulations
Limited slots available

Reserve your place

Email us to register or to ask about the programme. We will come back to you with the next steps.

Register by email →
[email protected]
+(254) 784 003 886
acikenya.co.ke