GLOBAL FINANCE

JIM OWENS

 

SESSION THREE

 

Topic:  Foreign Exchange Exposure Issues
                    

Objective:   We will look at foreign exchange transactions in the spot, forward and swap markets.  Consider issues related to the spread between bid and ask prices, the use of forward rates to hedge or speculate on a given currency position, the use of futures contracts in foreign exchange and the structure of both interest rate and foreign exchange swaps.

Readings:           

1. "Forex Tutorial": Source: http://www.investopedia.com/university/forexmarket/forex2.asp

2. “FX Forwards” 

3. "FX Futures" 

4. “Interest Rate Swap”

5. "Currency Swap"

"Day Three Lecture Links"