"This book is remarkable. I expect it to become the anchor reference for people working in the foreign exchange field."
—Richard K. Lyons, Dean and Professor of Finance, Haas School of Business, University of California Berkeley
"It is quite easily the most wide ranging treaty of expertise on the forex market I have ever come across. I will be keeping a copy close to my fingertips."
—Jim O'Neill, Chairman, Goldman Sachs Asset Management
How should we evaluate the forecasting power of models? What are appropriate loss functions for major market participants? Is the exchange rate the only means of adjustment? Handbook of Exchange Rates answers these questions and many more, equipping readers with the relevant concepts and policies for working in today's international economic climate.
Featuring contributions written by leading specialists from the global financial arena, this handbook provides a collection of original ideas on foreign exchange (FX) rates and equips readers with the relevant concepts and policies for working in today's international economic climate.
Handbook of Exchange Rates has been sponsored by Citi. Citi has always sought to bring to market the best ideas based on the deepest of insights; a virtue that this Handbook most definitely shares. With market volume of $4 trillion a day, the foreign exchange market has truly come of age. Though it is the largest of the global markets, it nevertheless retains immense growth potential. Its recent rapid evolution into an asset class in its own right means that its importance is only expected to rise.
The Handbook of Exchange Rates joins Wiley's new series of handbooks in Financial Engineering and Econometrics (Ruey Tsay, The University of Chicago Booth School of Business, advisor), which can be viewed in full at www.wiley.com/go/handbookseries .
Featuring contributions written by leading specialists from the global financial arena, this handbook provides a collection of original ideas on foreign exchange (FX) rates in four succinct sections:
Throughout the book, topics are explored in-depth alongside their founding principles. Each chapter uses real-world examples from the financial industry and concludes with a summary that outlines key points and concepts.
If you would like to request a review copy of Handbook of Exchange Rates contact Michelle Martella on email@example.com or + 1-781-388-8577
About the Book:
Handbook of Exchange Rates
$149.95 • £100 • €125
Hardcover: 856 pages
Online and Electronic Editions Available
About the Editors:
JESSICA JAMES, PhD, is a Managing Director and Co-Head of the Quantitative Solution Team at Commerzbank in London, where she is responsible for FX client risk advisory. She has published on the topics of credit derivatives and total return swaps and is the coauthor of Interest Rate Modelling (Wiley).
IAN W. MARSH, PhD, is Professor of Finance in the Cass Business School at City University London. Dr. Marsh has extensive consulting experience with companies including JPMorgan Chase, Morley Fund Management, and the Royal Bank of Scotland. He currently focuses his research on credit risk transfer markets and the foreign exchange market.
LUCIO SARNO, PhD, is Associate Dean, Head of Faculty, and Professor of Finance in the Cass Business School at City University London. Dr. Sarno has extensive industry experience in consulting and trading foreign exchange for several major asset management companies and has contributed to policy, training, and research for the International Monetary Fund, the European Central Bank, and the World Bank.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management.
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