Greenwood Publishing Group : Arbitrage, Hedging, and Speculation

Arbitrage, Hedging, and Speculation
The Foreign Exchange Market
Ephraim Clark, Dilip K. Ghosh

1-56720-582-8/978-1-56720-582-4

Description

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 also discuss futures, swaps, forward contracts, and other strategies. For financial scholars, students, analysts, and currency traders.

About the Author

EPHRAIM CLARK is Professor of Finance at Middlesex University in London.

DILIP K. GHOSH is KLSE Professor of Finance at Rutgers University.

List Price: $75.00 Pages: 232 Publication: 4/30/2004

To order, visit www.greenwood.com, call 1-800-368-6868, or use this order form:

Name
Address
City
State
Zip
Telephone
Email

Check enclosed made payable to Greenwood Publishing Group
Charge Credit Card: VISA MC AMEX

Credit Card #:
Expiration Date:
Signature (required):

ISBN	Title	Price
1-56720-582-8 978-1-56720-582-4	Arbitrage, Hedging, and Speculation	$75.00
If paying by check, please add shipping and handling: U.S. residents, add 10%; Canada residents, add 12%; $8.00 minimum. AZ, CA, CO, FL, MA, MD, ME, MO residents add sales tax on subtotal. CT, GA, KS, KY, MI, NC, NE, NJ, NM, NY, PA, SC, SD, VT residents add sales tax on subtotal plus shipping charges. Canada residents add GST tax. Enclose tax-exempt certificate if applicable.		Subtotal
		Shipping
		Sales Tax
		Total

Mail this form to: ABC-CLIO
Customer Service
P.O. Box 1911
Santa Barbara, CA 93116-1911