Managing Risk in the Foreign Exchange, Money and Derivative Markets

A professional's guide to controlling risk when investing in the foreign exchange and money markets. Particular emphasis on the use of derivatives. The book offers a unique perspective combining coverage of all three areas.

Heinz Riehl, one of the worldÕs leading experts in managing risk in treasury and derivatives, is founder and president of Riehl World Training & Consulting, Inc., a risk-management consulting firm which advises international banks and central banks worldwide. He is also one of the world's leading experts in managing risk in treasury and derivatives. Additionally, he is Adjunct Professor of International Business and Finance at New York UniversityÕs Stern School of Business and a former member of the New York Federal Reserve BankÕs Foreign Exchange Committee and chairman of its Risk Management subcommittee. Riehl is coauthor of McGraw-HillÕs Foreign Exchange & Money Markets.

Introduction.Price Risk.Use of Derivatives Products.Credit Risk.Cross Border Risk.Futures Exchanges.Liquidity Risk.Balance Sheet Management.Organizational Structure.Miscellaneous Other Controls Behavior and Fraud.