Treasury operations and the foreign exchange challenge

by Chorafas, Dimitris N

"The methods, instruments, and technologies used to manage risk in the foreign exchange markets are more complex than ever before. Banks, corporations, and financial institutions today must adopt new roles in order to compete successfully in the explosively evolving foreign exchange markets." "Focusing on the new global electronic markets, Treasury Operations and the Foreign Exchange Challenge is a complete, practical introduction to today's foreign exchange operations, providing the techniques and insights needed to pinpoint opportunities and control risks. It shows how trading systems, computer-based models, and other analytical tools can be used to examine financial opportunities and help develop sound investment and hedging decisions." "Treasury Operations and the Foreign Exchange Challenge covers global trading activity in foreign exchanges and its effects on the newly revitalized area of corporate treasury operations. Specific topics include the new world of treasury functions; t