Product Description
The essential handbook for any player in the foreign exchange market.
From the Back Cover
The floating exchange rate environment has created a need for banks and their corporate customers to manage their currency exposure on an active and commercial basis. It has also opened up great opportunities for speculators to gamble on. Hedgers seek to remove or manage their currency risk. Speculators seek to take currency risk in the hope of making a profit. The advent of currency derivatives has raised the stakes and complicated the transactions in both cases. These are tough markets to master. Mastering Foreign Exchange & Currency Options will enable you to get your currency dealing right. It is the essential handbook for any player in the foreign exchange market. It addresses current practice and future issues and is written for both new entrants into the markets and for seasoned professionals seeking to refresh or broaden their knowledge. Eight of the 16 chapters are written by guest practitioners, providing a unique insight into their methods. Topics include
the background and development of the foreign exchange and currency options markets
all aspects of hedging and trading, forex and currency options
how currency options and forex interrelate
the mechanics of SPOT foreign exchange, forward foreign exchange, and currency options
information to navigate you through the increasing amount of technology being introduced to foreign exchange trading
codes of conduct and market practice
technical analysis for trading
essential economics of the currency markets
traditional and exotic products
the role of the broker Mastering Foreign Exchange & Currency Options: from the markets, for the markets.
