Hypothetical FX Hedging

To become proficient in any skill, including currency risk management, practice makes perfect. To help companies practice, FX Initiative’s Foreign Exchange Transaction Simulator addresses a wide variety of FX scenarios by stress-testing hypothetical FX hedging strategies.

This interactive risk modeling tool illustrates the economics and accounting of the most common hedging strategies for underlying foreign exchange exposures such as revenues, expenses, receivables, and payables. You can simply input your company specific and foreign exchange market variables, and then select your hedging strategy, which includes not hedging or hedging with a forward contract, vanilla option or zero cost collar.

The resulting output is a highly detailed interactive FX risk analysis that charts the economic payoff of your selected hedging strategy, ranks the alternative hedging strategies, and reports the accounting journal entries and t-accounts with authoritative references to U.S. generally accepted accounting principles (GAAP). Behind the scenes, our robust pricing engine and database simplifies the risk analysis process for you so you can focus on the bottom line impact to your business.

This versatile tool transforms 16 inputs into one information rich analysis in 3 easy steps.

• Step 1 is to select (1) the Underlying Exposure and input the related variables of (2) Functional Currency, (3) Foreign Currency, (4) Underlying Notional Amount, (5) Beginning Exchange Rate, (6) Currency Quoting Convention, (7) Start Date, (8) End Date and (9) the Day Count.
• Step 2 is to select a (10) Hedging Strategy and input the related variables of (11) Hedge Ratio %, (12) Domestic Interest Rate, (13) Foreign Interest Rate, (14) Implied Volatility, and (15) the Collar Range.
• Step 3 is to forecast (16) the ending exchange rate to see how positive and negative changes in exchange rates impact the cash flow and financial reporting of your selected hedging strategy.

This FX risk management web application customizes strategies and can be modified efficiently and effectively. For example, if you want to change your underlying exposure or hedge strategy, it’s as simple as one-click. If you want to know which strategy yields the best outcome, all 4 strategies are ranked for you automatically. If you want to see how the default or elective accounting treatment differ, the journal entries and t-accounts are instantly presented side-by-side. This Foreign Exchange Transaction Simulator acts as your own personal quantitative analyst, and puts you in a positions to make a qualified foreign exchange risk management decisions.

To begin practicing hypothetical FX hedging, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com.

Currency Learning Center

As the end of August approaches and schools are back in session, FX Initiative offers access to our online Learning Center for paid training and free content to help your company conquer corporate currency risk management safely and remotely. Explore our FX articles, videos, courses, tools, and webinars. Our goal is to help sharpen your FX skills, contribute to your professional development, and add to your firm’s performance and profitability.

Explore FX Learning Center >

We look forward to sharing more FX updates and insights with you in 2020 and beyond. Whether you are new to foreign exchange or a seasoned professional, continue following FX Initiative for your FX risk management formula. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com.

Back-to-School Suggestions

As the school year approaches with pandemic related changes to the classroom environment, FX Initiative remains committed to continuously enhancing our foreign exchange (FX) risk management training. To complement the transition from in-person meetings to online environments, we are working on improving our suite of FX topics and tools to better serve your currency risk management needs safely and remotely.

We are listening closely to our audience of finance, accounting, and treasury professionals with the goal of providing useful and innovative virtual learning and business resources to keep organizations engaged online during the pandemic and beyond. Help us improve by sharing your feedback regarding what you like about our FX training and how we can do better. Take our short survey: https://www.fxcpe.com/feedback >

August 2020 Newsletter

Summer Learning Sessions: Explore our August newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources.

Scale the learning curve quickly and easily with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training >

View Newsletter

Promoting Business Best Practices

Join us and learn business best practices safely from home. WindyCityWebinars.org is a student led project from FX Initiative that promotes the highest caliber, most innovative continuing professional education (CPE) for lifelong learning. Our CPE webinars help professionals and organizations stay current on the latest regulations, developments, and trends in finance, accounting, and related business industries while earning CPE credits to maintain professional credentials.

Our teaching approach balances:

• Business school academic theory
• Practical strategies for implementation
• Examples to illustrate key concepts
• Audience polling questions
• Question and answer sessions

We invite you to attend a learning session as we fulfill our mission to keep learning alive and accessible to all during the pandemic and beyond. Our webinars cover a broad range of useful knowledge, skills, and abilities that enhance professional competence. Our objective is to ensure that knowledge is not only transferred and retained, but reinforced and practiced, enhancing each participant’s confidence in their ability to improve performance and profitability. Register here >

Supporting Student Opportunities

FX Initiative is pleased to offer Student Opportunities for WindyCityWebinars.org, a student supported remote learning platform that helps companies promote their brand and showcase their expertise with continuing professional education (CPE) webinars. Join us as we facilitate collaborative projects to create educational webinars between corporate sponsors and student leaders. We offer students unique opportunities to create webinars with sponsors to grow your network and gain useful knowledge.

Are you an undergrad or graduate student looking to upgrade your business skills and grow your network? You are invited to apply for this opportunity! Windy City Webinars is a remote learning platform designed to safely serve the professional development and networking needs of the Chicago business community by sharing business best practices and industry insights with students and professionals. Students work with a corporate sponsor on creating a highly engaging and educational webinar project.

Our portfolio projects aim to connect you to internship and employment opportunities by showcasing your learning abilities, skill sets, and work ethic to the Chicago business community. If accepted, you'll be a part of a robust community of diverse students and produce high quality projects. To help to identify and plan out your potential project, submit your application online at https://www.windycitywebinars.org/students.html or request a copy of our Student Opportunities guide by emailing info@windycitywebinars.org.

Serving Corporate Sponsors

FX Initiative is pleased to present our 2020 Sponsorship Guide for WindyCityWebinars.org, a student supported remote learning platform that makes it simple to promote your brand and showcase your expertise with continuing professional education (CPE) webinars. We are excited for you to participate and enjoy the recognition our sponsors receive as we facilitate collaborative projects to create engaging educational webinars between corporate sponsors and student leaders to realize synergies and foster community. 

Our dynamic Sponsorship Opportunities help to showcase your firm even better in 2020. Each sponsorship level has been tailored to offer significant value based on the frequency of webinars you would like to offer, with Platinum (monthly), Gold (quarterly), and Silver (individual) levels of Sponsor Commitment. The logo of each sponsor is promoted on the WindyCityWebinars.org website, email invitations, and promotional materials to ensure your organization’s brand is positioned prominently in front of clients and prospects.

By sponsoring WindyCityWebinars.org, you are helping fulfill our mission is to keep learning alive and accessible to all during the COVID-19 pandemic and beyond. Your contribution helps us provide students with unique opportunities to assist with webinar projects to gain work experience, explore career paths, develop and refine skills, network with professionals, and acquire knowledge and confidence as they transition into the workforce. To request your 2020 Sponsorship Guide, please email info@windycitywebinars.org.

July 2020 Newsletter

Summer Learning & Earning: Explore our July newsletter and discover the latest blog posts and insights from FX Initiative on currency risk management. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources.

Scale the learning curve quickly and easily with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training >

View Newsletter

WindyCityWebinars.org Walkthrough

Welcome to this walkthrough of WindyCityWebinars.org! FX Initiative is pleased to announce the launch our student supported remote learning platform that makes it simple to promote your brand and showcase your expertise with continuing professional education (CPE) webinars. To get the most out of the website, we invite you to explore three key sections:

Students (https://www.windycitywebinars.org/students.html)

Students are invited to join our team and build a better resume by working with a corporate sponsor on creating a webinar “portfolio project” for Windy City Webinars. Each webinar is enhanced by students using knowledge from their academic major, and our goal is to help students gain work experience, explore career paths, develop skills, network with professionals, and acquire knowledge and confidence as they transition into the workforce. If you are a student looking to upgrade your business skills and grow your network, click here to join our team >

Sponsors (https://www.windycitywebinars.org/sponsors.html)

Corporations and business leaders are invited to sponsor CPE credit eligible webinars on business topics that complement your firm’s products & services and support your training & marketing objectives. Our remote learning platform allows you to collaborate with our student team to offer CPE credit webinars that comply with NASBA licensing regulations to meet the ongoing professional development needs of your employees, clients, and prospects. If you are interested in branding, recognition, and visibility for your organization's services, click here to be a sponsor >

Sessions (https://www.windycitywebinars.org/sessions.html)

Professionals are invited to learn business best practices and earn CPE credits to maintain credentials by attending sponsored webinars. We cover several fields of study including accounting, finance, economics, and more. As a member of the National Association of State Boards of Accountancy (NASBA) National Registry of CPE Sponsors, we issue CPE credits in all 50 states to allow our audience to safely and remotely attend learning sessions anywhere and anytime. If you are a business professional seeking to refine and sharpen your skills, click here to attend a session >

Windy City Webinars mission is to keep learning alive and accessible to all during the COVID-19 pandemic and beyond. We are a community of corporate sponsors and business students focused on educating peers and maximizing exposure to sell professional services. Students, sponsors, and professionals are invited to join us at WindyCityWebinars.org >

Student & Sponsor Synergies

In only 3 months, the COVID-19 pandemic has shifted the majority of in-person classrooms and conference rooms to online learning platforms and video based communications. While we are grateful for the technology innovations that have made this transition possible, we are mindful progress remains. In listening to our community, sentiment among students and professionals shows that engagement with classmates and colleagues feels distant. WindyCityWebinars.org is providing a solution.

We facilitate collaborative projects to create continuing professional education (CPE) webinars between corporate sponsors and student leaders to realize synergies and foster community. From real world and case study examples to academic theory, we work with sponsors to create CPE credit eligible webinars on business topics that complement products & services and support training & marketing objectives. Each webinar is enhanced by students using knowledge from their academic major.

During this period of isolation, it is clear that students and professionals alike are seeking creative ways to keep learning alive and communities thriving. WindyCityWebinars.org believes that investing in people is paramount to success. To that end, we warmly invite business leaders to invest in a CPE webinar project. As Napoleon Hill famously stated, “Within every adversity is the seed to an equal or greater benefit.” To learn about sponsor benefits, contact info@windycitywebinars.org.