【学习笔记】International Finance 国际金融论研究 学习笔记-17

Part I

Basics ofInternational Finance --17

Ch5 --1

TheMarket for Foreign Exchange

Chapter Outline

1.     Functionand Structure of the FX Market

         –FX MarketParticipants

2.    The Spot Market

        1）Spot RateQuotations

        2）The Bid-AskSpread

        3）Spot FX Trading

        4）Cross ExchangeRate Quotations

        5）Spot ForeignExchange Market Microstructure

3.    The Forward Market

        1）Forward Rate Quotations

        2）Long and Short Forward Positions

        3）Forward Cross-Exchange Rates

        4）Swap Transactions

        5）Forward Premium