Product Description
Following an introduction to foreign exchange markets and institutions, which includes a description of exchange controls and currency groups, this practical handbook explains how each market operates.
From the Inside Flap
Dramatic changes in the foreign exchange and money markets have considerably altered the way international business will be conducted in the new millennium. The advent of the Euro, the enormous growth of the swaps market, and the daily increase in the development of derivative instruments are at the forefront of this evolution. If you′re an investor, corporate finance officer, or anyone seeking to gain the essential edge in the world′s major financial markets, resources for sound, accessible, and timely information are more important than ever. This updated, totally revised, and expanded edition of finance expert Julian Walmsley′s popular classic is the one book you′ll need. Practical and easy–to–understand, this unique reference provides guidance on every important market around the world, including closely related money markets such as the commercial paper and Eurocommercial paper markets, national money markets, interest rate options markets, and numerous related instruments. You will also find state–of–the–art sections on:
∗ The Euro
∗ Swaps–the instrument with the fastest growing market of all time
∗ Money market calculations
∗ Foreign exchange calculations
∗ Derivatives
∗ Risk issues
From currency option markets to the "third generation" hedging products that combine forwards and options, The Foreign Exchange and Money Markets Guide, Second Edition unites volumes of information in one single source–and demystifies the seemingly complex concepts facing investors today.
--This text refers to an alternate
Hardcover
edition.