Arbitrage, Hedging, and Speculation: The Foreign Exchange Market
| Author | : | |
| Rating | : | 4.31 (805 Votes) |
| Asin | : | 1567205828 |
| Format Type | : | paperback |
| Number of Pages | : | 232 Pages |
| Publish Date | : | 2015-02-25 |
| Language | : | English |
DESCRIPTION:
About the AuthorEPHRAIM CLARK is Professor of Finance at Middlesex University in London.DILIP K. GHOSH is KLSE Professor of Finance at Rutgers University.
GHOSH is KLSE Professor of Finance at Rutgers University.. EPHRAIM CLARK is Professor of Finance at Middlesex University in London.DILIP K
Explains arbitrage, hedging, and speculation from the standpoint of a participant in the foreign exchange marketwhether an individual trader or an institutional traderwho possesses analytical skill, economically sound judgment, and who has access to market data. Authors also discuss futures, swaps, forward contracts, and other strategies. 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. For financial scholars, students, analysts, and currency traders.. Hedging and speculation are opposing strategies for dealing with risk; hedging is a cover, and speculation is an assumption of risk