Ephraim Clark, Dilip K. Ghosh

Arbitrage, Hedging, and Speculation (eBook, PDF)

The Foreign Exchange Market

• Format: PDF

Produktbeschreibung

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.

Produktdetails

• Verlag: Bloomsbury Publishing Inc
• Seitenzahl: 232
• Altersempfehlung: ab 7 Jahre
• Erscheinungstermin: 30. April 2004
• Englisch
• ISBN-13: 9780313059292
• Artikelnr.: 54142910

Autorenporträt

EPHRAIM CLARK is Professor of Finance at Middlesex University in London.

DILIP K. GHOSH is KLSE Professor of Finance at Rutgers University.

Inhaltsangabe

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