Managing Foreign Exchange Risk

By David F. DeRosa

This is an expanded and enhanced edition of the popular Managing Foreign Exchange Risk which first appeared in 1990. Students of finance, traders, institutional investors and corporate treasurers commend the book for its even balance between theory and applications. Practitioners praise its clear explanation of currency derivatives theory. Students of finance appreciate that the book is infused with actual foreign exchange market conventions and real-world numerical examples. This second edition has been greatly expanded with materials on the mechanics of the foreign exchange and options markets. The sections on the international monetary system have been updated, especially with respect to the European monetary system. New sections have been added on exotic currency options, specifically on barriers, average rate, basket and quantos options. There are two new chapters, one on currency option applications and another on currency overlay management.

• Format: Hardcover
• Language: English
• ISBN: 0786310227
• ISBN13: 9780786310227
• Release Date: January 1996
• Publisher: Irwin Professional Publishing
• Length: 315 Pages
• Weight: 1.35 lbs.
• Dimensions: 1.2" x 6.3" x 9.3"