Foreign Exchange Options and Risk Management: Market Dynamics, Models and Human Behaviour

Industry experts Demetri Papacostas and Francesco Tonin use their extensive experience and knowledge to examine the behaviour of the FX markets' major players during this critical period. Fintech and the global coordination of regulation is allowing, for the first time, a look under the hood. The FX market will look increasingly like the equity market, and the rocky path to the promised land of frictionless, fully transparent FX markets will be closer than ever. Foreign Exchange Options and Risk Management examines the basic use of FX, and particularly FX options, by the major market participants, and assesses in a practical and intuitive way: How they mitigate risk Why they mitigate risk How they profit and how they speculate using FX-related instruments.