Currency Exposures And Derivatives

Author : John J. Stephens
Publisher : John Wiley & Sons
Page : 218 pages
File Size : 47,8 Mb
Release : 2003-07-07
Category : Business & Economics
ISBN : 9780470848081

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Managing Currency Risk by John J. Stephens Pdf

Control the number one cause of financial loss currency fluctuation With cross-border commerce now the global norm, companies must now face the greatest threat to their financial stability: financial losses due to currency fluctuations. Written by an international business and banking expert, Managing Currency Risk is an authoritative, accessible look at the variety of methods used to minimize currency risk. Written for the financial market novice, the book explains the nature and uses of a variety of financial instruments without complicated mathematical equations. Discussed in detail are all forms of currency derivatives, such as forward foreign exchange, OTC currency options, currency swaps, currency futures, and options which are illustrated with international examples and case studies. A practical guide on every aspect of currency risk, Managing Currency Risk also serves as a guide to navigating your firm through turbulent economic times.

Author : A. V. Rajwade
Publisher : Tata McGraw-Hill Education
Page : 0 pages
File Size : 54,8 Mb
Release : 2010-02
Category : Cash transactions
ISBN : 0070680183

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Currency Exposures and Derivatives by A. V. Rajwade Pdf

Huge losses incurred in currency derivatives contracts by several companies in the recent past have exposed lapses on the part of corporate and bank treasury professionals in understanding the implications of hedging, and the difference between risk reduction and cost reduction. The issue of hedge effectiveness, especially with the mandatory use of Accounting Standard 30 on accountingand disclosure norms from 2011-12, becomes critical for company auditors as well.In this context, Currency Exposures and Derivatives, a distillate of the author s rich experience in advising companies and teaching B school students and executives, comes as topical offering for corporate treasurers, chartered accountants, auditors, bankers, and students and faculty of management.A companion volume to his book Cash and Derivatives Markets in Foreign Exchange, this book covers:Types of currency exposures and their effects on the bottom-line of businessesExchange rate movementsRisk management issues and policies for corporate treasuriesUse and misuse of derivativesProvisions of AS 11, AS 16 and AS 30 related to the accounting issues and the rules for establishing hedge effectiveness

Author : A. V. Rajwade
Publisher : Unknown
Page : 121 pages
File Size : 43,7 Mb
Release : 2010
Category : Electronic
ISBN : 0071332790

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Currency Exposures and Derivatives by A. V. Rajwade Pdf

Author : RAJWADE.
Publisher : Unknown
Page : 128 pages
File Size : 43,9 Mb
Release : 2010
Category : Electronic
ISBN : 1283189402

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Currency Exposures And Derivatives by RAJWADE. Pdf

Author : A. V. Rajwade
Publisher : Tata McGraw-Hill Education
Page : 0 pages
File Size : 41,8 Mb
Release : 2010
Category : Cash transactions
ISBN : 0070148880

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Cash and Derivatives Markets in Foreign Exchange by A. V. Rajwade Pdf

Huge losses incurred in currency derivatives by several companies in the recent past have exposed lapses on the part of companies and banks in understanding and adapting to the dynamics of the derivatives market. Thus, learning from the errors of judgment, and fine-tuning one s knowledge and understanding of the currency and derivatives have become critical concerns.Addressing these issues, Cash and Derivatives Markets in Foreign Exchange, a distillate of the author s rich experience in advising companies and teaching B school students and executives, comes as topical offering for corporate treasurers, bankingprofessionals, company auditors, CAs, management students, faculty and researchers.A companion volume to his book Currency Exposures and Derivatives: Risk, Hedging, Speculation and Accounting A Corporate Treasurer s Handbook, this book is divided into two parts, covering:Domestic and global cash markets in foreign exchange, overview of global financial markets, exchange rate movements, and risk management mechanismsDomestic and global derivatives markets in foreign exchange and derivative trading in the forward/futures, swaps and options families

Author : David F. DeRosa
Publisher : John Wiley & Sons
Page : 414 pages
File Size : 55,6 Mb
Release : 1998-09-07
Category : Business & Economics
ISBN : 0471252670

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Currency Derivatives by David F. DeRosa Pdf

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)

Author : Daniel Plaza
Publisher : GRIN Verlag
Page : 23 pages
File Size : 51,9 Mb
Release : 2011-06-08
Category : Business & Economics
ISBN : 9783640934140

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The Role of Currency Futures in Risk Management by Daniel Plaza Pdf

Seminar paper from the year 2011 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 83%, University of Westminster (Msc Finance and Accounting), course: INTERNATIONAL RISK MANAGEMENT, language: English, abstract: The purpose of this report is to discuss the role of currency futures in risk management as well as their main advantages and drawbacks. The report will analyse the global rate of utilization of currency futures by comparison with other main currency derivatives and the geographic differences in their usage. Possible explanations for the preference for certain currency derivatives in risk management will be given. The usefulness of currency futures rate as an estimator of future spot rate will be discussed by reviewing and summarizing the existing literature on this subject. Practical applications of currency futures also will be covered in this report.

Author : Tuan Tran
Publisher : GRIN Verlag
Page : 17 pages
File Size : 43,7 Mb
Release : 2015-04-21
Category : Business & Economics
ISBN : 9783656948179

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How Companies Use Currency Options in Risk Management by Tuan Tran Pdf

Essay from the year 2015 in the subject Business economics - Investment and Finance, grade: 77.00, University of Westminster, course: Finance and Accounting, language: English, abstract: This article summarizes the motivations behind the reason why many corporates use (currency) options for risk management. Firstly, the paper would generalize the term of Financial Derivatives and how they benefit investors. Furthermore, it review a great deal of previous scholar works done on the field of risk management by corporates and on general options. In addition, the following case study of the company named ABC using a protective put strategy in order to hedge its investment in BCA is explored in both situation of increase and decrease in share price in order to understand how companies manage risks. Even though options can be an effective tool that helps companies be successful in grow their firm values options can also become worthless due to a minor modification of share price.

Author : J. Kallianiotis
Publisher : Springer
Page : 333 pages
File Size : 53,9 Mb
Release : 2013-10-02
Category : Business & Economics
ISBN : 9781137318886

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Exchange Rates and International Financial Economics by J. Kallianiotis Pdf

The recent financial crisis has troubled the US, Europe, and beyond, and is indicative of the integrated world in which we live. Today, transactions take place with the use of foreign currencies, and their values affect the nations' economies and their citizens' welfare. Exchange Rates and International Financial Economics provides readers with the historic, theoretical, and practical knowledge of these relative prices among currencies. While much of the previous work on the topic has been simply descriptive or theoretical, Kallianiotis gives a unique and intimate understanding of international exchange rates and their place in an increasingly globalized world.

Author : Gary Shoup
Publisher : Global Professional Publishi
Page : 284 pages
File Size : 46,9 Mb
Release : 1998-10-28
Category : Business & Economics
ISBN : 1888998229

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Currency Risk Management by Gary Shoup Pdf

With the advent of the World Trade Organization and NAFTA, foreign exchange now impacts the corporate world as never before. Hedging currency risk - usually through the interbank network - is now a routine treasury function. However, midsized companies (up to $100 million in annual sales) are often shut out of the interbank market because of cost and minimum size requirements. Currency Risk Management: A Handbook for Financial Managers, Brokers, and Their Consultants shows how to capture this business - from the basic concepts of foreign exchange to prospecting the corporate client. The author writes in an easy-to-read style and shows the finer points of foreign exchange and various exchange regimes recognized by the IMF. The reader will learn why exchange rates are a matter of government restrictions and controls as well as market price discovery.

Author : Panagiotis Papadopoulos
Publisher : GRIN Verlag
Page : 57 pages
File Size : 50,7 Mb
Release : 2011-04
Category : Electronic
ISBN : 9783640889532

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Role of Currency Futures in Risk Management by Panagiotis Papadopoulos Pdf

Seminar paper from the year 2011 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 81%, University of Westminster (Westminster Business School), language: English, abstract: This paper examines the role of currency futures contracts in risk management. The reader can find a brief introduction to the history of foreign exchange markets and under which cir-cumstances the markets appeared in 1970s. Furthermore, the question of why to use currency futures to hedge risk exposures is answered. A more in-depth analysis of how currency futures contracts are structured, especially their specifications and their advantages and limi-tations for the user. Moreover this paper addresses issue of how currency futures are used by participants. Finally, a brief use of currency futures is also examined with a case study on the FX-market.

Author : Alastair Graham
Publisher : Routledge
Page : 182 pages
File Size : 46,7 Mb
Release : 2014-02-04
Category : Business & Economics
ISBN : 9781135968380

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Hedging Currency Exposure by Alastair Graham Pdf

The Currency Risk Management series offers readers, researchers, and financial professional a time-tested training tool for understanding and working in the increasingly complex currency markets. This series breaks new ground in simplicity, clarity, and ease of application in risk management practice.

Author : Anonim
Publisher : Unknown
Page : 64 pages
File Size : 53,8 Mb
Release : 1994
Category : Derivative securities
ISBN : IND:30000055845881

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Macroeconomic and Monetary Policy Issues Raised by the Growth of Derivatives Markets by Anonim Pdf

Author : Luciana Juvenal,Deepali Gautam,Agustin Benetrix,Martin Schmitz
Publisher : International Monetary Fund
Page : 67 pages
File Size : 47,9 Mb
Release : 2019-12-27
Category : Business & Economics
ISBN : 9781513525372

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Cross-Border Currency Exposures by Luciana Juvenal,Deepali Gautam,Agustin Benetrix,Martin Schmitz Pdf

This paper provides a dataset on the currency composition of the international investment position for a group of 50 countries for the period 1990-2017. It improves available data based on estimates by incorporating actual data reported by statistical authorities and refining estimation methods. The paper illustrates current and new uses of these data, with particular focus on the evolution of currency exposures of cross-border positions.

Author : Panagiotis Papadopoulos
Publisher : GRIN Verlag
Page : 29 pages
File Size : 48,9 Mb
Release : 2011-04-11
Category : Business & Economics
ISBN : 9783640889198

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Role of Currency Futures in Risk Management by Panagiotis Papadopoulos Pdf

Seminar paper from the year 2011 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 81%, University of Westminster (Westminster Business School), language: English, abstract: This paper examines the role of currency futures contracts in risk management. The reader can find a brief introduction to the history of foreign exchange markets and under which cir-cumstances the markets appeared in 1970s. Furthermore, the question of why to use currency futures to hedge risk exposures is answered. A more in-depth analysis of how currency futures contracts are structured, especially their specifications and their advantages and limi-tations for the user. Moreover this paper addresses issue of how currency futures are used by participants. Finally, a brief use of currency futures is also examined with a case study on the FX-market.