Summary and Info
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 * Brings together a range of practical, relevant material on Foreign Exchange and money market trading. * Focuses on trading situations as well as on calculations * International in coverage, the concepts and methods covered are not restricted to any country or institution
More About the Author
Bob Steiner (born c. 1946) was a Canadian football player who played for the Hamilton Tiger-Cats and Edmonton Eskimos.
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