mastering foreign exchange & currency options: a practical guide to the new marketplace (2nd Edition)
mastering foreign exchange & currency optionsa practical guide to the new marketplaceThe last ten years have seen a revolution inthe global foreign exchange markets. It is no longer enough for banks and their corporate customers to arrange their currency hedging and trading on an active and commercial basis. It is now vital to understand how new technology has impacted the market.The author fully examines key initiatives such as e-forex, TWIST and CLS and the new option to trade FX outside the banking markets, making this book an essentiual tool for all who need to keep up with this fast changing market.Eleven of the twenty-one chapters are written by guest practitioners who provide a unique insight into the forex market.This important new edition ofMastering Foreign Exchange & Currency Optionswill enable you to get your currency dealing right. It is the essential handbook for any player in the forex market. It is written for new entrants seeking to master the fast developing world of forex trading and seasoned professionals needing to keep informed of the latest developments in this sector. With the introduction of new technology this is often seen as a daunting topic to get to grips with.Both hedgers seeking to remoce or manage their currency risk and speculators seeking to take currency risk in the hope of making profit will benefit from this book. The advent of more sophisticated currency derivatives has also raised the stakes.This book contains practical guidance on:Currency ClassificationsHistory and economics of forexTechnology and the marketsMechanics of spot forex and forward forexEmerging market foreign exchangeForex trading for the individual investorCurrency risk managementBackground, development and mechanics of currency optionsExotic options and transparencyInnovations in e-foreign exchangeMulti-bank electronic tradingElectronic procurement of fx: the corporate perspectivesTWISTTechnical AnalysisContinuous linked settlement (CLS)Visit our website atwww.financialminds.com