Introduces students to the complex environment of global financial systems. It provides the essential technical tools required to manage exchange rate risk, trade global assets, value international fixed-income bonds, and navigate the operational policies of multinational financial institutions. Structure, nature and institutions of foreign exchange markets, including spot, forward, futures, options, and offshore currency markets. Factors affecting exchange rates are also discussed. This course is not eligible for Credit/D/Fail grading.
Introduces students to the complex environment of global financial systems. It provides the essential technical tools required to manage exchange rate risk, trade global assets, value international fixed-income bonds, and navigate the operational policies of multinational financial institutions. Structure, nature and institutions of foreign exchange markets, including spot, forward, futures, options, and offshore currency markets. Factors affecting exchange rates are also discussed. This course is not eligible for Credit/D/Fail grading.