The Forward Market in Foreign Exchange: A Study in Market-making, Arbitrage and Speculation - Couverture rigide

Brown, Brendan

 
9781138632998: The Forward Market in Foreign Exchange: A Study in Market-making, Arbitrage and Speculation

Synopsis

Originally published in 1983. With the prevailing uncertainties and wild fluctuation in exchange values at the time, the forward market in foreign exchange had become a vital issue for both governments and business corporations. This book by an expert practitioner in foreign exchange dealing describes how the forward market functions and analyses the constituent elements in its behaviour.

The two principal types of foreign exchange deal are examined; forward outright and swap, and explanations are given of how both operate. The linkage between forward rates and interest rates is also considered and the book investigates what factors cause deviation from parity conditions. In addition, there is a discussion of political risk and the forward contract and the role of speculation in forward exchange as well as the methods of hedging.

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À propos de l?auteur

Brendan Brown

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Autres éditions populaires du même titre

9781138633001: The Forward Market in Foreign Exchange

Edition présentée

ISBN 10 :  1138633003 ISBN 13 :  9781138633001
Editeur : Routledge, 2018
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