Foreign Exchange Operations

Foreign Exchange Operations PDF Author: David F. DeRosa
Publisher: John Wiley & Sons
ISBN: 1118415558
Category : Business & Economics
Languages : en
Pages : 416

Get Book

Book Description
The ultimate nuts-and-bolts guide to foreign exchange operations The foreign exchange landscape is particularly risky since so much of the world is unregulated and takes place over the counter (off exchange). Brilliant traders and money managers who are profitable may find themselves underperforming, or worse, losing, simply because they failed to establish strong operations. In this book, David DeRosa provides industry players with everything they need for strong operational functions from all the types of trades to execution, master trading agreements, documentation, settlement, margin and collateral, and prime brokerage services. Contains vital work flow solutions for trading in the volatile foreign exchange marketplace Offers information for mastering the operational aspect of foreign exchange trading to help determine best partners such as prime brokers and others Written by David DeRosa a leading foreign exchange expert who has consulted to hundreds of financial institutions Foreign Exchange Operations helps traders mitigate risks and offers a guide to all aspects of trading operations from mastering trading agreements to margin documentation.

Foreign Exchange Operations

Foreign Exchange Operations PDF Author: David F. DeRosa
Publisher: John Wiley & Sons
ISBN: 1118415558
Category : Business & Economics
Languages : en
Pages : 416

Get Book

Book Description
The ultimate nuts-and-bolts guide to foreign exchange operations The foreign exchange landscape is particularly risky since so much of the world is unregulated and takes place over the counter (off exchange). Brilliant traders and money managers who are profitable may find themselves underperforming, or worse, losing, simply because they failed to establish strong operations. In this book, David DeRosa provides industry players with everything they need for strong operational functions from all the types of trades to execution, master trading agreements, documentation, settlement, margin and collateral, and prime brokerage services. Contains vital work flow solutions for trading in the volatile foreign exchange marketplace Offers information for mastering the operational aspect of foreign exchange trading to help determine best partners such as prime brokers and others Written by David DeRosa a leading foreign exchange expert who has consulted to hundreds of financial institutions Foreign Exchange Operations helps traders mitigate risks and offers a guide to all aspects of trading operations from mastering trading agreements to margin documentation.

Strained Relations

Strained Relations PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 022605151X
Category : Business & Economics
Languages : en
Pages : 453

Get Book

Book Description
During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.

Treasury Operations and the Foreign Exchange Challenge

Treasury Operations and the Foreign Exchange Challenge PDF Author: Dimitris N. Chorafas
Publisher: John Wiley & Sons
ISBN: 9780471543930
Category : Business & Economics
Languages : en
Pages : 306

Get Book

Book Description
Presents a complete introduction to modern exchange markets and what to know in order to operate them effectively using trading systems, computer-based models and other analytical tools. Contains an in-depth explanation of the emerging structure of new international financial markets including insights into current electronic and global markets.

United States Official Operations in the Foreign Exchange and Gold Markets

United States Official Operations in the Foreign Exchange and Gold Markets PDF Author: Merlyn Nelson Trued
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 64

Get Book

Book Description


Foreign Exchange Markets

Foreign Exchange Markets PDF Author: Heinz Riehl
Publisher: McGraw-Hill Companies
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

Get Book

Book Description


Foreign Exchange Intervention as a Monetary Policy Instrument

Foreign Exchange Intervention as a Monetary Policy Instrument PDF Author: Felix Hüfner
Publisher: Springer Science & Business Media
ISBN: 3790826723
Category : Business & Economics
Languages : en
Pages : 180

Get Book

Book Description
Foreign exchange intervention is frequently being used by central banks in countries which have a floating exchange rate. Most theoretical monetary policy models, however, do not take this phenomenon into account. This book contributes to close this gap between theory and practice by interpreting foreign exchange intervention as an additional monetary policy instrument for inflation targeting central banks. In-depth empirical analyses of the foreign exchange operations and interest rate policy of five inflation targeting countries (Australia, Canada, New Zealand, Sweden and the United Kingdom) demonstrate how foreign exchange intervention is used in practice.

Official Foreign Exchange Intervention

Official Foreign Exchange Intervention PDF Author: Mr.Jorge Iván Canales Kriljenko
Publisher: International Monetary Fund
ISBN: 9781589064218
Category : Business & Economics
Languages : en
Pages : 58

Get Book

Book Description
Despite increasing exchange rate flexibility, central banks in emerging markets still intervene in their foreign exchange markets for several reasons. In doing so, they face many operational questions, including on the degree of transparency and the choice of markets and counterparties. This paper identifies elements of best practice in official foreign exchange intervention, presents survey evidence on intervention practices in developing countries, and assesses the effectiveness of intervention in Mexico and Turkey.

Introduction to Foreign Exchange Rates, Second Edition

Introduction to Foreign Exchange Rates, Second Edition PDF Author: Thomas J. O'Brien
Publisher: Business Expert Press
ISBN: 1631576135
Category : Business & Economics
Languages : en
Pages : 194

Get Book

Book Description
As managers expand their international business operations, they are confronted by the puzzling and vexing world of foreign exchange (FX) rates. This book is designed as a resource that can help managers quickly understand and navigate the FX market. The text may be used as an introductory module in a course in international finance, whether the course is oriented to international markets, international investments, or international corporate finance. The primary intended audience is an applied MBA course aimed at executives, managers, and would-be managers. After an introduction to FX rates, the author covers the important topic FX rate valuation. It is important for managers to understand when an FX rate may be incorrectly valued, as this situation may have a bearing on corporate decisions on strategy, risk management, capital structure, and overseas investments and operations. He also discusses the mechanics of forward FX contracts and their use in managing the risk of future foreign currency cash flow and includes a case that unifies the ideas. The case company is faced with FX exposure in the revenues from a proposed new foreign customer. The decision maker applies the text material to estimate whether the FX rate is over-, under-, or correctly valued. The final decisions are whether to expand sales to the foreign market and whether to hedge the FX risk.

Foreign Exchange Operations

Foreign Exchange Operations PDF Author: David F. DeRosa
Publisher: John Wiley & Sons
ISBN: 0470932910
Category : Business & Economics
Languages : en
Pages : 416

Get Book

Book Description
The ultimate nuts-and-bolts guide to foreign exchange operations The foreign exchange landscape is particularly risky since so much of the world is unregulated and takes place over the counter (off exchange). Brilliant traders and money managers who are profitable may find themselves underperforming, or worse, losing, simply because they failed to establish strong operations. In this book, David DeRosa provides industry players with everything they need for strong operational functions from all the types of trades to execution, master trading agreements, documentation, settlement, margin and collateral, and prime brokerage services. Contains vital work flow solutions for trading in the volatile foreign exchange marketplace Offers information for mastering the operational aspect of foreign exchange trading to help determine best partners such as prime brokers and others Written by David DeRosa a leading foreign exchange expert who has consulted to hundreds of financial institutions Foreign Exchange Operations helps traders mitigate risks and offers a guide to all aspects of trading operations from mastering trading agreements to margin documentation.

Foreign Exchange and Money Markets

Foreign Exchange and Money Markets PDF Author: Heinz Riehl
Publisher: McGraw Hill Professional
ISBN: 9780070526716
Category : Business & Economics
Languages : en
Pages : 484

Get Book

Book Description
Provides an expanded treatment of exchange markets and introduces a broad treatment of money market.