Citi Qatar has recently held its second Bourse Game Seminar here, which aims to train local treasury, finance, and investment officers from corporate and government entities in the country.
The five-day seminar was an intensive introduction to money markets and foreign exchange, which utilises practical learning techniques and promotes a stimulating learning environment.
The Doha version of the seminar featured 18 trainees from more than eight major corporations and covered main money market and foreign exchange topics, including structure of rates, FX swaps, and interbank dealing while trainees spent hours on a simulated trading floor learning the finer points of foreign exchange trading.
“Bourse Master” Theodore Leventis, who has been running the Bourse Games for both Citi staff and customers for the last 35 years in more than 70 countries around the world, conducted the seminar.
During the seminar, the trading floor was busy as teams representing fictitious banks held foreign exchange trading and money market activities with “traders” in discussions over hedging and investment strategies. The seminar was concluded with the awarding of prizes for the top three “banks” and certificates for all attendees.
Citi Qatar CEO Carmen Haddad said, “The Bourse Game is part of Citi’s mission to answer to clients’ needs. It reflects our commitment to training local professionals and teaching them hands-on skills to develop a more insightful understanding of investment opportunity as well as risk and the way markets work on a global scale.”
Citi has been present in the Middle East and North Africa since 1955 and offers full scale corporate and investment banking services in Qatar, Kuwait, Egypt, the UAE, Bahrain, Lebanon, Jordan, Tunisia, Morocco, Algeria, and Pakistan.
Citi’s institutional capabilities in the region include treasury and trade solutions, corporate and investment banking, capital markets origination, global markets, and Islamic banking.