Managing Currency Risk Using Foreign Exchange Options

Written for the corporate treasurer or finance director, Managing Currency Risk Using Foreign Exchange Options gives a clear perspective of how foreign exchange (FX) options are derived and a clear understanding of the benefits, cost, risks, and rewards associated with FX options strategies. The early chapters provide a gentle introduction, and the book gradually builds in complexity, covering hedging in three stages. The author concentrates on practical application of options as experienced in the real-world. He illustrates his point with examples drawn from the corporate world.