| Description |
323 pages ; 25 cm |
| Contents |
Foreign exchange options -- A journey through the history of options -- Technical issues for vanilla options -- Volatility -- Basic strategies containing vanilla options -- First generation exotics -- Second generation exotics -- Structured products -- Forward products -- FX options and structured products -- Series of strategies -- Deposits and loans -- Interest rate and cross currency swaps -- Participation notes -- Hybrid fX products -- Practical matters -- Settlement -- On the cost of delayed fixing announcements -- Hedge accounting under IAS -- Evaluation of financial instruments -- Foreign exchange markets -- Trading and sales |
| Summary |
"In recent times there has been an explosive growth in the number of corporates, investors and financial institutions turning to structured products to achieve cost savings, risk controls and yield enhancements. However, the exact nature, risks and applications of these products and solutions can be complex, and problems arise if the fundamental building blocks and principles are not fully understood." "FX Options and Structured Products explains the most popular products and strategies with a focus on everything beyond vanilla options. It deals with these products in a literate yet accessible manner, giving practical applications and case studies. The book covers everything from quotation conventions, seagulls, shark forwards, bid-ask spreads, settlement, fixings, hedging accumulators, unwinding FX-linked swaps and deposits, and pricing first generation exotics using the traders' rule of thumb."--BOOK JACKET |
| Bibliography |
Includes bibliographical references |
| Subject |
Foreign exchange options.
|
|
Structured notes (Securities)
|
|
Derivative securities.
|
| LC no. |
2006020352 |
| ISBN |
9780470011454 |
|
0470011459 |
|
