Mastering Foreign Exchange and Money Markets: A Step-by-Step Guide to the Products, Applications & Risks (Financial Times Series) - Softcover

"Mastering Foreign Exchange and Money Markets" is the most up-to-date, practical primer in the professional wholesale markets, focusing on the instruments, applications and risk management techniques essential for success. This fully international, interactive book addresses market conditions, instrument characteristics, pricing and valuation calculations, trading strategies and risk management. It contains worked examples and exercises throughout, and practice drills which reflect the style of the ACI exams. Definitions and key concepts feature regularly throughout. Includes "Risk Manager" disk - a powerful Real-Time Dealing Simulation software.This sophisticated dealing simulation software program has been developed with the support of major financial organizations. The version included with this book enables you to trade spot FX, Eurodeposits and forward FX, allowing you to measure your performance and improve your dealing skills in a near-live environment. It teaches you how to apply the techniques featured in the book and maintains a running record of your trading profits (or losses!). Tailored to meet the needs of the ACI examinations, it captures the essence of today's complex and dynamic financial markets.