
Foreign Exchange and Money Markets: Theory, Practice and Risk Management
Author(s): Bob Steiner (Author)
- Publisher: Butterworth-Heinemann
- Publication Date: 11 July 2011
- Language: English
- Print length: 344 pages
- ISBN-10: 0080972098
- ISBN-13: 9780080972091
Book Description
Floating rates, central-bank intervention, derivatives trading and the very high volumes of speculative and round-the-clock trading are just a few of the facets of the foreign exchange marketplace that make it a highly dynamic and volatile arena. This book addresses the practical applications of foreign currency trading and money market trading and provides comprehensive coverage of these markets. Coverage includes* What the instruments are* How and why they are used - by both bank dealers and corporate end-users* How the different instruments are linked one to another* How you price them* Structure of the market, EMU etc* The range of risks arising from dealings in these instruments that affect banks and corporates* How these risks are measured and managed
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