Tag: CISI IISI

The Structure and Function of the Foreign Exchange Market (CISI Exam Prep)

The Structure and Function of the Foreign Exchange Market Relevant to the following CISI qualifications: IISI, Securities, Global Securities, ICWIM and ICAWM DEFINITION The foreign exchange market, also known as the forex, FX, or currency market, involves the trading of one currency for another. Prior to 1996 the market was confined to large corporate banks…

CISI Exam Prep: Inflation, Interest Rates & Forex

CISI Exam Prep: Inflation, Interest Rates & Forex The inter-relationship between inflation, interest rates and foreign exchange rates has always been a popular area in CISI exams – with varying difficulty across different levels. The recent turmoil in the Turkish Lira provides an excellent case study that would help students understand how the three pillars…