Managing Currency Risk Using Foreign Exchange Options
- Alan Hicks, Inventure Ltd
Building on the success of his bestselling Foreign Exchange Options, Alan Hicks has produced this new and invaluable guide to the use of currency options for corporate treasurers and other financial executives. Setting the principal OTC instruments within the companyâs risk management framework, he provides an authoritative guide to the characteristics, advantages and uses of currency options in the management and control of foreign exchange risk. Alan Hicksâ unique experience allows him to concentrate on the practical application of options as experienced in the real world of foreign exchange, illustrated by the use of case study material throughout the book.View full description
Corporate treasurers and other financial executives
- Published: March 2000
- Imprint: Woodhead Publishing
- ISBN: 978-1-85573-491-3
Table of ContentsShort history of foreign exchange options; The basics; Option characteristics; The market-place; Put-call parity; Option pricing; Using options for hedging: Simple; The delta and option replication; OTC market practice; Bank relationships; Using options for hedging: Intermediate; Risk control; Documentation; Counterparty credit risk; Appendix I Currency codes; Appendix II London Code of Conduct; Appendix III Exchange contract specifications; Appendix IV International OTC market terms and conditions.