The foreign exchange market is the largest in the world, with an estimated $1.6 trillion average daily turnover. This book sets out to introduce the novice to the practical skills necessary to understand the foreign exchange market today. “A Foreign Exchange Primer” provides a clear understanding of how this market functions, from the main products through to the techniques used, coverage of the main participants, details of the various players and an understanding of the jargon used in everyday dealings. This concise, highly accessible primer is ideal for anyone new to or wanting to become involved in the foreign exchange market, from a dealing room or sales perspective through to the novice investor.
Editorial Reviews
From the Author
The book has been designed to introduce the novice to the practical skills necessary to understand today’s foreign market market. This primer sets out to give a clear understanding of how the market functions, giving practical guidance to all the main products, techniques used, and to the every day jargon used by market participants. The key features are the examples, calculations, glossaries, clear explanation of the technicalities which are an essential part of the market and the everyday language in which it has been written. This comprehensive study is for anyone involved or wanting to become involved in the foreign exchange market. The whole purpose of the primer has been to keep each chapter concise, while still explaining all the essential and necessary components and concepts needed to fully understand the everyday workings of this particular sector of the financial markets.
From the Back Cover
The foreign exchange market is the largest market in the world, with an estimated $1.6 trillion average daily turnover. This book sets out to introduce the novice to the practical skills necessary to understand the foreign exchange market today.
Foreign Exchange Primer provides a clear understanding of how this market functions, from the main products through to the techniques used, coverage of the main participants, details of the various ‘players’ and an understanding of the ‘jargon’ used in everyday dealings.
This concise and highly accessible primer, is ideal for anyone new to or wanting to become involved in the foreign exchange market, from a dealing room or sales perspective through to the novice investor.
About the Author
SHANI SHAMAH has spent over twenty years working in the financial markets in a variety of treasury, sales and marketing positions. She currently works for IFX Markets Ltd in London as Global Head of Sales. The company specializes in foreign exchange, contracts for difference, base and precious metals, managed investment and financial spread trading.
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