A Currency Options Primer (The Wiley Finance Series) [Hardcover]

Shani Shamah (Author)

Book Description

Series: The Wiley Finance Series | Publication Date: March 22, 2004

A quick and concise guide to currency options
An understanding of currency options is essential for those working in investment and foreign exchange. A Currency Options Primer sets out to give readers a clear guide to how the currency option market functions, offering practical advice on mastering the necessary components and concepts for fully understanding the workings of this market.

Editorial Reviews

From the Back Cover

In recent years, currencies of major industrial nations have fluctuated widely in response to trade imbalances, interest rates, commodity prices, and political uncertainty. The pressure to maintain currency parity has led to the breakdown of many exchange rate mechanisms, and has forced the need for active foreign exchange hedging decisions to prevent the erosion of profit margins.

To counteract this worldwide market volatility, currency options were developed as an alternative risk management tool to the spot and forward foreign exchange market, and owe their existence to the demands of foreign exchange users for alternative hedging and exposure management techniques.

This essentially practical book gives a thorough and comprehensive guide to currency options, with clear explanations of the technicalities. It should become recommended reading for many business courses, and will be of interest to new recruits and junior members in investment and merchant banks; to Forex specialist firms; to Treasury institutions; and to investors who require a quick guide within a trading and sales environment.

About the Author

SHANI SHAMAH has spent over twenty years in the financial market. Her previous book, A Foreign Exchange Primer, is proving to be a great success.

Product Details

• Hardcover: 210 pages
• Publisher: Wiley; 1 edition (March 22, 2004)
• Language: English
• ISBN-10: 0470870362
• ISBN-13: 978-0470870365
• Product Dimensions: 9.9 x 6.9 x 0.9 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 2.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #977,131 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

1 of 1 people found the following review helpful:

2.0 out of 5 stars Could be condensed into 30 pages, February 13, 2007

By 

Risk Quant (New York, NY) - See all my reviews

This review is from: A Currency Options Primer (The Wiley Finance Series) (Hardcover)

Save your money and buy "Foreign Exchange: A Practical Guide to the FX Markets" by Tim Weithers instead. That book covers the main content of this book in one chapter and does so in a much more readable way.

Note that both of these books would really only be useful to newcomers to the FX markets. Professional traders should likely skip both titles.

2.0 out of 5 stars extremely basic, October 30, 2006

By 

Bogdan Alexandrescu - See all my reviews
(REAL NAME)   

This review is from: A Currency Options Primer (The Wiley Finance Series) (Hardcover)

there is this phrase in the download review "...with clear explanations of the technicalities...". I find that to be misleading and wanted to write this review. this book is only for those who never ever had anything to do with any options, and are also allergic to math. barely touches on the technicalities of fx options.