PRACTICE OF INTERNATIONAL FINANCIAL TRADING (Senior)　(WED.) 12:10~14:00 & 1510-1600 B-501

# of

week

Date

1

2026/2/25

►Introduction

IFT-0

2

2026/3/4

►Clarify the differences among Int’l Finance, Int’l Investment, Int’l Trade & Market

IFT-1

3

2026/3/11

►Trading shares & Trading stock indices

國際貨幣制度的演進

OCA ==> (0): OCA-Mundell(1961)   //  Nobel Prize  (Nobel)

4

2026/3/18

►Trading commodities

(農訓協會-大國爭鋒) //  IFM-6

091016WSJ   (美蹈英覆轍=>中國).doc    (美國將蹈英國覆轍、中國將取而代之)

聶建中專欄＞法庭是美國開的 中國取而代之談何容易

5

2026/3/25

(1)

►BOP & Trading Foreign Exchange (Forex≡FX)

Currencies exchange
IFM-7// IFM-8// IFM-9// IFM-10 

IFM-11 // IFM-12
外匯市場1 // 外匯市場2 //  外匯即期市場  //  外匯保證金交易

GIRF =>(1):  Hacker and Hatemi-J(2003)--J-Curve ;  BR(2004) 

6

2026/4/1

===== Holiday ===== Teacher observation day

7

2026/4/8

►Exchange Rate Mechanism & Parity Relations

Parity Condition : Parity

8

2025/4/15

(2)

►Exchange Rates Determination & Forecasting

(美元)  trend(鉅亨) //   美元投資(M)  // 強美元(PF) IFM-13

ARDL =>  (2): Nieh and Wang(2005)

9

2025/4/22

~~~Midterm~~~ 1230-1330

10

2026/4/29

►The Future of Currency Competition (De-dollarization & CBDC-EP)

去美元化 & CBDC (高規 科技戰 & 金融戰)
 ==> DCEP(SP)  // DCEP(展探) // DCEP(TV)  // DC(e-RMB) //  CBDC
RMB去美元(2021/5/10) // DC-RMB&支付寶  // 挑戰美元霸權(230331)  //海合會(2022/12/10)

IFM-16

11

5/6

►Alternative Investment (Bond, Derivatives, Funds, Real Estate)

12

5/13

►Investment Banking, PE, VC Overseas Fund Raising

PP-Stu // 聶&周(2005)   // Bahmani-Oskooee and Kara(2000) // Taylor(1995) // V(2003-wk)ER-OS

13

5/20

►Foreign Direct Investment (FDI) & Country Risk

►Country Risk (FDI & 國家風險)   國家風險(I) // 國家風險(II)  BERI  // 主權基金(I) // 主權基金(II) // 主權基金(III)POR-I   BERI-POR(2011-III) ; BERI-POR(2011-IIIEng)          ==> BERI-POR(2012-I)(2012-I); // BERI-POR(2012-II) // BERI-POR(2012-III) // BERI-POR(2022-III)

14

2025/5/27

~~~~~ Final ~~~~~ 12:30-13:30

15

6/3

►國際投資組合 (股票評價 & CAPM)    // IFM-17

==> IOE萬物聯網 // 5G+IOE

ST => (8): WM(2005)  ==>IFMg()ST

CAPM無用論 --貝他迷思  // BullBear

USTR=>(9): AV(01) // ST=>(10)：MO(02)

TAR+ST=>(11)：M(08)

16

2026/6/10

► 匯率曝險與管理.ppt   (三種匯率風險)  (外匯暴險2002中山碩專)

匯率曝險與管理FX Risk Management (I)

FX Risk Management (Transaction)  Ch.5 (交易曝險)

FX Risk Management (Economic)   Ch.6 (營運曝險=經濟曝險)

FX Risk Management (Translation)  Ch.7 (會計曝險=換算曝險)

(3): YN(2009)  PP-Stu //  EG(1998)MTAR  // E(2001)  // ES(2001) // C(2008-ecr) 

中企貪利-瑞幸咖啡

17

2026/6/17

Euromarkets  //  境內與境外利率定價  // 境外公司與免稅天堂

Int’l  Financing  Ch.13

  OFR海外籌資   // (100): 海外籌資ECB個案-東

18

6/24　

遠紡織// (長期融資) 

週次

日期

內容

Reading

Assignment

1

2/24

Introduction

2

3/3

Trendspotting (Subprime & Public Debt……)

Ch.1

3

3/10

International Monetary System

4

3/17

BOP & FX Market

Ch.2

5

3/24

Parity Condition

Ch.3

6

3/31

=== Holiday Day ===

7

4/7

Determination of Exchange Rates

Ch.3

8

4/14

Country Risk & FDI

Ch.10

9

4/21

Derivatives Markets

Ch.4

10

4/28

~~~Midterm~~~

11

5/5

FX Risk Management (T, T & E)I

Ch.5

12

5/12

FX Risk Management (T, T & E)II

Ch.6/7

13

5/19

Euromarkets // Offshore vs. Onshore Interest

14

5/26

Cost of K of Foreign Investment

Ch.12

15

6/2

Int’l Financing and Capital Markets

Ch.11/13

16

6/9

Corporate Strategy and FDI

Ch.8

17

6/16

Capital Budgeting for MNC

CH.9

18

6/23

~~~Final~~~