› › Foreign Currency Futures

Currency Trading in the Forex and Futures Markets

Author : Carley Garner

Publisher : FT Press

Page : 241 pages

File Size : 22,53 MB

Release : 2012-01-04

Category : Business & Economics

ISBN : 0132779668

Get eBook

Book Description

Currency trading offers immense potential to stock and futures investors seeking new speculative opportunities. However, there are several ways to trade in currencies, and many unsuspecting traders have been burned by aggressive marketing campaigns and gimmicks luring them into unfavorable trading environments. In this book, best-selling trading author Carley Garner covers everything new currency traders need to know to avoid those pitfalls and start earning big profits. Currency Trading in the Forex and Futures Markets begins by demystifying all the essentials, from quotes and calculations to the unique language of Forex trading. Readers learn all they need to know about choosing trading platforms and brokerage firms; working with leverage; controlling transaction costs; managing liquidity, margins, and risks; and much more. Garner thoroughly explains the currency spot market (Forex); currency futures traded on the Chicago Mercantile Exchange (CME); and currency ETFs. She candidly discusses the advantages and disadvantages of each, cutting through the "smoke and mirrors" often associated with currency trading. Readers will also find a full section on currency market speculation, including a clear introduction to fundamental and seasonal analysis in currency markets. With her guidance, new currency traders can identify the markets and approaches that best fit their objectives, and avoid the pitfalls that have often victimized their predecessors.



Trading Currency Cross Rates

Author : Gary Klopfenstein

Publisher : John Wiley & Sons

Page : 186 pages

File Size : 25,5 MB

Release : 1993-08-30

Category : Business & Economics

ISBN : 9780471569480

Get eBook

Book Description

For commodity traders and portfolio managers--a practical, hands-onguide to profiting in today's growing international cross ratemarkets. Cross rates trading is growing increasingly popular,fueled in no small part by banks and multinationals seekingcreative strategies for hedging currency risk and speculatorsseeking profits from interest rate plays and exchange rate moves.Trading Currency Cross Rates is the passkey to this vastlyprofitable financial sector. Written for the experienced tradermoving into the currency futures and foreign exchange cash markets,as well as for the corporate portfolio manager seeking to limitcompany exposure, this professional guide covers the fundamentalsof today's cross rates markets and delivers the step-by-steptechniques needed to trade cross rates successfully. Packed withcharts and tables that apply over a broad range of internationalmarkets and currencies, the guide: * Explains what cross rates are and profiles the different typesthat currently are traded * Shows whether to trade on an agency or principal basis, and howto avoid counterparty failure * Covers the building blocks of currency valuation and the bestmethods for forecasting moves in currency cross rates * Reveals how to profitably trade exotic cross rates amongcurrencies from the Pacific Rim and Middle East * Explains how to cross over to the growing interbank currencymarket, and which fundamental and technical analysis techniquesspecifically apply to it * Discusses how to easily adapt any current trading system and itsinput to the profitable cash markets Featuring the expertise of a leading cross rates trading expert ina concise, direct, accessible format, Trading Currency Cross Ratesis the dependable, single-source guide to trading cross ratessuccessfully.



The Microstructure of Foreign Exchange Markets

Author : Jeffrey A. Frankel

Publisher : University of Chicago Press

Page : 358 pages

File Size : 34,54 MB

Release : 2009-05-15

Category : Business & Economics

ISBN : 0226260232

Get eBook

Book Description

The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional macroeconomic approaches do not explain why people trade foreign exchange. At the same time, they fail to explain the short-run determinants of the exchange rate. These nine innovative essays use a microstructure approach to analyze the workings of the foreign exchange market, with special emphasis on institutional aspects and the actual behavior of market participants. They examine the volume of transactions, heterogeneity of traders, the time of day and location of trading, the bid-ask spread, and the high level of exchange rate volatility that has puzzled many observers. They also consider the structure of the market, including such issues as nontransparency, asymmetric information, liquidity trading, the use of automated brokers, the relationship between spot and derivative markets, and the importance of systemic risk in the market. This timely volume will be essential reading for anyone interested in the economics of international finance.



Options on Foreign Exchange

Author : David F. DeRosa

Publisher : John Wiley & Sons

Page : 290 pages

File Size : 37,35 MB

Release : 2011-07-05

Category : Business & Economics

ISBN : 1118097564

Get eBook

Book Description

A comprehensive guide to the world's largest financial market Foreign exchange is the world's largest financial market and continues to grow at a rapid pace. As economies intertwine and currencies fluctuate there is hardly a corporate entity that doesn't need to use options on foreign exchange to hedge risk or increase returns. Moreover, currency options, both vanilla and exotic, are part of standard toolkit of professional portfolio managers and hedge funds. Written by a practitioner with real-world experience in this field, the Third Edition of Options on Foreign Exchange opens with a substantive discussion of the spot and forward foreign exchange market and the mechanics of trading currency options. The Black-Scholes-Merton option-pricing model as applied to currency options is also covered, along with an examination of currency futures options. Throughout the book, author David DeRosa addresses the essential elements of this discipline and prepares you for the various challenges you could face. Updates new developments in the foreign exchange markets, particularly regarding the volatility surface Includes expanded coverage of the currency crises and capital controls, electronic trading, forward contracts, exotic options, and more Employs real-world terminology so you can a firm understanding of this dynamic marketplace The only way to truly succeed in today's foreign exchange market is by becoming more familiar with currency options. The Third Edition of Options on Foreign Exchange will help you achieve this goal and put you in better position to make more profitable decisions in this arena.



Currency Derivatives

Author : David F. DeRosa

Publisher : John Wiley & Sons

Page : 414 pages

File Size : 25,46 MB

Release : 1998-09-07

Category : Business & Economics

ISBN : 9780471252672

Get eBook

Book Description

Mit über einer Billion US Dollar Umsatz stellt der Devisenhandel weltweit den größten Markt dar. In diesem Markt sind Währungsderivate zu einem bevorzugten Handelsinstrument geworden, das von Großbanken, Brokerhäusern, Hedge Funds (spekulativ ausgerichteter Fonds, der mit Hilfe von Derivaten seine Gewinne zu optimieren versucht) und Handelsberatern eingesetzt wird. Zwar sind diese Instrumente heute komplexer denn je, aber sie sind ein unverzichtbares Mittel des Risikomanagements im Devisenhandel. Herausgegeben von führenden Devisenhändlern und Analysten, ist dieses Buch Basislektüre für jeden, der sich in diesem Bereich bewegt. Eine Sammlung der 20 besten und meist zitierten Beiträge zu Währungsderivaten, Preistheorie und Anwendungen von Hedging-Methoden (10/98)



The Art of Currency Trading

Author : Brent Donnelly

Publisher : John Wiley & Sons

Page : 420 pages

File Size : 45,25 MB

Release : 2019-06-12

Category : Business & Economics

ISBN : 1119583551

Get eBook

Book Description

Now you can master the art of foreign exchange trading While most currency trading and foreign exchange books focus on international finance theory or simplistic chart-based strategies, The Art of Currency Trading is a comprehensive guide that will teach you how to profitably trade currencies in the real world. Author Brent Donnelly has been a successful interbank FX trader for more than 20 years and in this book, he shares the specific strategies and tactics he has used to profit in the forex marketplace. The book helps investors understand and master foreign exchange trading in order to achieve sustainable long-term financial success. The book builds in intensity and depth one topic at a time, starting with the basics and moving on to intermediate then advanced setups and strategies. Whether you are new to currency trading or have years of experience, The Art of Currency Trading provides the information you need to learn to trade like an expert. This much-needed guide provides: an insider’s view of what drives currency price movements; a clear explanation of how to combine macro fundamentals, technical analysis, behavioral finance and diligent risk management to trade successfully; specific techniques and setups you can use to make money trading foreign exchange; and steps you can take to better understand yourself and improve your trading psychology and discipline. Written for currency traders of all skill levels, international stock and bond investors, corporate treasurers, commodity traders, and asset managers, The Art of Currency Trading offers a comprehensive guide to foreign exchange trading written by a noted expert in the field.



The World Scientific Handbook of Futures Markets

Author : Anastasios G. E. T. Al MALLIARIS

Publisher : World Scientific

Page : 844 pages

File Size : 43,83 MB

Release : 2015-08-06

Category : Business & Economics

ISBN : 9814566926

Get eBook

Book Description

"The World Scientific Handbook of Futures Markets serves as a definitive source for comprehensive and accessible information in futures markets. The emphasis is on the unique characteristics of futures markets that make them worthy of a special volume. In our judgment, futures markets are currently undergoing remarkable changes as trading is shifting from open outcry to electronic and as the traditional functions of hedging and speculation are extended to include futures as an alternative investment vehicle in traditional portfolios. The unique feature of this volume is the selection of five classic papers that lay the foundations of the futures markets and the invitation to the leading academics who do work in the area to write critical surveys in a dozen important topics."--$cProvided by publisher.



International Reserves and Foreign Currency Liquidity

Author : International Monetary Fund. Statistics Dept.

Publisher : International Monetary Fund

Page : 258 pages

File Size : 47,2 MB

Release : 2015-01-07

Category : Business & Economics

ISBN : 1484350162

Get eBook

Book Description

This update of the guidelines published in 2001 sets forth the underlying framework for the Reserves Data Template and provides operational advice for its use. The updated version also includes three new appendices aimed at assisting member countries in reporting the required data.



Essentials of Foreign Exchange Trading

Author : James Chen

Publisher : John Wiley & Sons

Page : 202 pages

File Size : 42,12 MB

Release : 2009-03-11

Category : Business & Economics

ISBN : 0470464003

Get eBook

Book Description

This currency trading book provides readers with real, practical information on how to trade the foreign exchange market effectively. It begins by covering introductory information on the forex market, including basic trading mechanics and the benefits of forex trading, and then goes on to describe specific currency trading methods and skills in step-by-step detail. This includes highly practical information on technical and fundamental analysis, risk and money management, and powerful forex trading strategies. These strategies have proven extremely effective in helping traders play the forex game to win. JAMES CHEN, CTA, CMT (Montville, NJ) is Chief Technical Strategist at FX Solutions, a leading foreign exchange broker. An expert on forex trading and technical analysis, he is also a registered Commodity Trading Advisor (CTA) and a Chartered Market Technician (CMT). Mr. Chen writes daily currency analysis, leads forex trading seminars, and has authored numerous articles on currency trading strategy and technical analysis for major financial publications. These include Forbes.com, Futures Magazine, Technical Analysis of Stocks and Commodities Magazine, and Stocks, Futures and Options (SFO) Magazine.



Forex Wave Theory: A Technical Analysis for Spot and Futures Curency Traders

Author : James L. Bickford

Publisher : McGraw Hill Professional

Page : 241 pages

File Size : 19,54 MB

Release : 2007-05-06

Category : Business & Economics

ISBN : 007151046X

Get eBook

Book Description

Discover a New Approach to Analyzing Price Fluctuations in the Foreign Exchange Market Forex Wave Theory provides spot currency speculators and commodity futures traders with an innovative new approach to analyzing price fluctuations in the foreign exchange. Written by Jim Bickford, a successful veteran online spot currency trader, this expert financial tool explains the four most significant categories within technical analysis_pattern recognition, econometric models, crossover trading systems, and wave theory_and includes critical definitions of technical terms. Forex Wave Theory examines in detail different length cycles of two through six waves, with special emphasis on their predictive reliability. The book also converts raw security data (OHLC quotes) to swing data through the application of a refined minimum reversal algorithm. Based on solid mathematical and statistical models, Forex Wave Theory is a highly visual resource that uses over 200 images to explore: Currency Markets_ Spot Currencies; Currency Futures Technical Analysis_ Pattern Recognition; Econometric Models; Crossover Trading Systems; Wave Theory Reversal Charts_Point & Figure Charts; Renko Charts; Swing Charts Brief History of Wave Theory_ Origin of Wave Theory; Gann Angles; Kondratiev Wave; Elliott Wave Theory; Gartley Patterns; Goodman Swing Count System Two-Wave Cycles_Two-Wave Cycle Properties; Enhancing the Forecast Three-Wave Cycles_Basic Three-Wave Cycle Types; Forecasting the Third Wave Four-Wave Cycles_Multi-Wave Cycle Names; Four-Wave Cycle Properties Five-Wave Cycles_Properties; Forecasting the Fifth Wave Six-Wave Cycles_Properties; Forecasting the Sixth Wave; Double-Wave Forecasting Advanced Topics_Data Operations; Swing Operations This on-target reference also features instructive case studies of the author's unique method, together with a wide range of important supplemental information covering ISO currency pairs, exchange rates, global banking hours, basic three-wave cycles, and related resources. A vital tool for success in the currency market, Forex Wave Theory gives traders a powerful new method for analyzing fluctuations in the foreign exchange markets_and accurately determining market waves.