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Global Foreign Exchange Trading

Fundamentals, Market Practice, Law and Policy

By (author) Raj Bhala
Format: Hardback
Publisher: McGraw-Hill Education - Europe, New York, United States
Imprint: Irwin Professional Publishing
Published: 1st Mar 1997
Dimensions: w 156mm h 235mm
ISBN-10: 0786309652
ISBN-13: 9780786309658
Barcode No: 9780786309658
The foreign exchange market is the world's largest financial market. This apex of the international marketplace is charged with circulating the capital resources of the global economy. As a result of this cross-pollinating function, the FX market faces myriad variations of practices, systems, legal issues, risk and policy, which are very often contradictory. This volume offers an overview of the issues in the FX market. Topics include: the laws of foreign exchange including contract law, payment law and bankruptcy law; the fundamentals of foreign exchange transactions; derivatives - currency swaps, FX options, futures, credit risk, market risk and criminal law problems; and international foreign exchange agreements.

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