Arbitrage, Hedging, and Speculation: the Foreign Exchange Market : The Foreign Exchange Market
Ephraim Clark, Dilip K. Ghosh, Dilip K. Ghosh
Explains arbitrage, hedging, and speculation from the standpoint of a participant in the foreign exchange marketOCowhether an individual trader or an institutional traderOCowho possesses analytical skill, economically sound judgment, and who has access to market data. In the foreign exchange market, arbitrage involves the simultaneous purchase and sale of a currency in different markets; the profit comes from the difference in the buying and selling prices. Hedging and speculation are opposing strategies for dealing with risk; hedging is a cover, and speculation is an assumption of risk. Authors also discuss futures, swaps, forward contracts, and other strategies. For financial scholars, students, analysts, and currency traders."
Anno:
2004
Casa editrice:
ABC-CLIO, LLC
Lingua:
english
Pagine:
232
ISBN 10:
0313059292
ISBN 13:
9780313059292
Collana:
Non-Series
File:
PDF, 10.73 MB
IPFS:
,
english, 2004