Options on Foreign Exchange

New and expanded edition--the bestselling guide to foreign exchange optionsThe currency options market is the world's largest option market, with a rapidly growing number of participants. Financial institutions and investment managers must acquire ever higher levels of expertise on this important market, whether for hedging or speculative purposes. Now in a completely revised and updated edition, Options on Foreign Exchange provides succinct explanations of the various types of fx options, pricing, and trading strategies. Written by a leading practitioner, this critically acclaimed book has new chapters on barrier and exotic currency options, and covers basic terminology, fx basics, valuation, volatility, option market making, risk control, and exotic options.David DeRosa, PhD (New Canaan, CT) , is the president of DeRosa Research and Trading, Inc. He is also an Adjunct Professor of Finance at Yale School of Management. DeRosa is a contributing columnist for Bloomberg News.