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The Japanese foreign exchange market /

In recent years, Japan's financial market has seen dramatic changes, in particular the explosive growth of currency trading and the increasing international role of the yen. This book gives a comprehensive overview of this activity. This work is the first non-Japanese language title to examine...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Reszat, Beate
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London ; New York : Routledge, ©1998.
Colección:Routledge studies in the growth economies of Asia.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Market History
  • Early beginnings of money in Japan
  • Meiji Restoration and the birth of the yen
  • Post-war developments
  • Market liberalisation
  • In the aftermath of the bubble
  • General Characteristics
  • Market Participants
  • Foreign exchange banks and brokers
  • Customers
  • Market Segments and Transactions
  • Spot and forward markets
  • The role of foreign exchange swaps
  • Futures and options
  • Attitudes Towards Risks
  • Covering and hedging
  • Position taking and arbitrage
  • Trading techniques
  • Accounting
  • The Risks
  • Market Risks
  • Measures of variability
  • Some stylised facts
  • Limits to forecastability
  • Derivatives
  • Asymmetries and Non-linearities
  • Risk management practices
  • Market linkages and operational risks
  • Payment System Risks
  • Major payment systems
  • Private sector initiatives
  • Policy Issues
  • Market Regulation
  • Principles of bank regulation
  • Exchange restrictions
  • Risk monitoring and risk provision
  • Exchange Rate Stabilisation
  • Central bank interventions
  • International policy cooperation.