The Forward Market in Foreign Exchange
A Study in Market-making, Arbitrage and Speculation
Erschienen am 21. April 2017
162 Seiten
978-1-351-80214-7 (ISBN)
Beschreibung
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.
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.
Weitere Details
Reihe
Sprache
Englisch
Verlagsort
London
Großbritannien
Verlagsgruppe
Taylor & Francis Ltd
Zielgruppe
Für höhere Schule und Studium
Dateigröße
2,48 MB
ISBN-13
978-1-351-80214-7 (9781351802147)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Weitere Ausgaben
Andere Ausgaben
Brendan Brown
The Forward Market in Foreign Exchange
A Study in Market-making, Arbitrage and Speculation
Buch
08/2018
1. Auflage
Routledge
53,60 €
Versand in 10-20 Tagen
Brendan Brown
The Forward Market in Foreign Exchange
A Study in Market-making, Arbitrage and Speculation
Buch
04/2017
1. Auflage
Routledge
153,50 €
Versand in 10-20 Tagen
Person
Brendan Brown
Inhalt
Foreword Part 1: Market-Making 1. Who Makes the Market? 2. The Swap Market 3. The Outright Forward Market 4. Currency Triangles Part 2: Arbitrage 5. Triangular Arbitrage 6. Political Risk in the Swap/Deposit Triangle 7. Official Intervention in the Deposit/Swap Triangle Part 3: Speculation 8. Choosing the Speculative Numeraire 9. Speculative Vacuums 10. Inflation and the Forward Market
