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Foreign Exchange Options

An International Guide to Currency Options, Trading and Practice

  • 2 Edición - 29 de mayo de 1998
  • Última edición
  • Autor: Alan Hicks
  • Idioma: Inglés

Since the first edition of Foreign Exchange Options in 1993, trading in foreign exchange options has undergone rapid expansion and now accounts for a daily turnover of some $100… Leer más

Descripción

Since the first edition of Foreign Exchange Options in 1993, trading in foreign exchange options has undergone rapid expansion and now accounts for a daily turnover of some $100 billion world-wide. This revised and expanded second edition takes into account recent changes in both market practice and regulatory requirements and contains many new explanatory diagrams and practical examples.

As with the first edition, the emphasis is on practicality, taking the reader through the basics, clarifying jargon when and where appropriate. This book will be invaluable for accountants, auditors, experienced practitioners and those entering the world of currency options for the first time.

Puntos claves

  • The benefits of using options to hedge foreign exchange risk
  • Detailed examination of both the OTC market and the main exchange listing
  • Specific coverage of pricing, trading risk and market practice

De interès para

Accountants, auditors, experienced practitioners, and those entering the world of currency options for the first time

Índice

The basics; The marketplace; Option characteristics; Put-call parity; Option combinations; Option pricing; Option trading risk; Hedging and trading a portfolio of options; Hedging and trading a portfolio of options; OTC market practice; Management control of active portfolio; Regulatory controls; Terms and conditions covering foreign exchange options; Counterparty credit risk; Exotic options and the future.

Detalles del producto

  • Edición: 2
  • Última edición
  • Publicado: 29 de mayo de 1998
  • Idioma: Inglés

Sobre el autor

AH

Alan Hicks

Alan Hicks began his banking career with Royal Bank of Canada with subsequent moves to Fidelity Bank, Chase Manhattan and Standard Chartered Bank. In 1996, Alan formed his own company – Options Training and Consulting Limited – offering advice, training, education and support in all aspects of options. Also in 1996, Alan entered into an alliance with Inventure Ltd and conducts all UK training and consulting business under the Inventure Ltd name.
Afiliaciones y experiencia
Inventure Ltd

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