(Ebook) Foreign exchange and money markets by Bob Steiner ISBN 9780080506685, 9780750650250, 0750650257, 0080506682

(Ebook) Foreign exchange and money markets by Bob Steiner ISBN 9780080506685, 9780750650250, 0750650257, 0080506682

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 * Brings together a range of practical, relevant material on Foreign Exchange and money market trading. * Focuses on trading situations as well as on calculations * International in coverage, the concepts and methods covered are not restricted to any country or institution