02838nam 22006254a 450 991078090500332120230617001445.01-282-41776-297866124177640-313-05929-2(CKB)2550000000003294(EBL)491371(OCoLC)562357872(SSID)ssj0000334818(PQKBManifestationID)11266957(PQKBTitleCode)TC0000334818(PQKBWorkID)10270632(PQKB)10293590(MiAaPQ)EBC491371(Au-PeEL)EBL491371(CaPaEBR)ebr10354284(CaONFJC)MIL241776(EXLCZ)99255000000000329420031211d2004 uy 0engur|n|---|||||txtccrArbitrage, hedging, and speculation[electronic resource] the foreign exchange market /Ephraim Clark and Dilip K. GhoshWestport, Conn. Praeger20041 online resource (232 p.)Description based upon print version of record.1-56720-582-8 Includes bibliographical references and index.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 forward contracts in interest rates -- Speculations in the foreign exchange market.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 aArbitrageHedging (Finance)SpeculationForeign exchange marketArbitrage.Hedging (Finance)Speculation.Foreign exchange market.332.4/5Clark Ephraimprofessor.485682Ghosh Dilip K(Dilip Kumar),1942-116444MiAaPQMiAaPQMiAaPQBOOK9910780905003321Arbitrage, hedging, and speculation3717419UNINA