2018 - Financial Seminar Series: Managing Currency Risk

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Name: 2018 - Financial Seminar Series: Managing Currency Risk
Date: August 28, 2018
Time: 9:00 AM - 10:00 AM PDT
Registration: Register Now
Event Description:

Foreign exchange (FX) rates fluctuate wildly throughout the year and, in turn, impact the costs of internationally traded goods and services. While currency values change minute to minute, business purchases and sales occur on a longer timeline and businesses are challenged to predict what the value of their purchases or sales will be once invoices come due.
For businesses that buy or sell goods and services across the border, FX risk can have a real impact on profit margins and, in serious instances, can threaten a company’s viability. Despite this, foreign exchange risk is often seen as something with no real solution – FX losses are viewed as simply a “cost of doing business”. Fortunately, during this presentation you will learn about real tactics for protecting your business from negative impacts due to FX risk, tactics which large multinationals have been using for years. This presentation is intended for an audience new to the concepts of currency risk and FX hedging.
Following the presentation, participants should:

  • Understand what currency/FX risk is and how it relates to businesses
  • Be aware of the tools available to manage a business’s foreign exchange requirements
  • Understand the basics of implementing these tools strategically to protect profit margins, maximize revenue, and boost competitiveness

About the presenter: Gavin LeClaire is a Senior FX Dealer with the Vancouver Branch of EncoreFX. Beginning his financial services career in Sydney, Australia, he has since accumulated over 20 years of experience in foreign exchange and international financial markets. Gavin specializes in designing and implementing superior risk management strategies that are tailored to help his clients make prudent financial decisions. Gavin has strong ties to his community and is actively involved with the Burnaby Board of Trade.

Event Details:

Date: August 28
Time: 9:00am- 10:00am
Venue: BBOT Offices ( 201- 4555 Kingsway)
Cost:  Complimentary with pre-registration
Register: Call 604-412- 0100, sign up online or by email.

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