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Bob Steiner – Foreign Exchange and Money Markets
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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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