Arbitrage, hedging, and speculation : the foreign exchange market

書誌事項

Arbitrage, hedging, and speculation : the foreign exchange market

Ephraim Clark and Dilip K. Ghosh

Praeger, 2004

大学図書館所蔵 件 / 3

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

Explains arbitrage, hedging, and speculation from the standpoint of a participant in the foreign exchange market-whether an individual trader or an institutional trader-who 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.

目次

Arbitrage, Hedging, and Speculation: The Foreign Exchange Market Currency Futures, Swaps, and Hedging Currency Options Hedging and Trading Strategies: Simple Options and Exotics Arbitrage and Hedging with Spot Forward Contracts Arbitrage and Hedging with Options Arbitrage and Hedging with Forward Contracts in Interest Rates Speculations in the Foreign Exchange Market

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