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Options on Foreign Exchange (Wiley Finance)

David F. DeRosa




[PDF.bv86] Options on Foreign Exchange (Wiley Finance)

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 | #1704088 in eBooks |  2011-07-05 |  2011-07-05 | File type: PDF

||From the Inside Flap|The foreign exchange market is the largest of all of the financial markets. By one estimate over $4 trillion changed hands a day in 2010. Parallel to trading in spot and forward foreign exchange is the currency options market—by itself

A comprehensive guide to the world's largest financial market

Foreign exchange is the world's largest financial market and continues to grow at a rapid pace. As economies intertwine and currencies fluctuate there is hardly a corporate entity that doesn't need to use options on foreign exchange to hedge risk or increase returns. Moreover, currency options, both vanilla and exotic, are part of standard toolkit of professional portfolio managers and hedge funds.
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