Product 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 an… More >>

Arbitrage, Hedging, and Speculation: The Foreign Exchange Market