Currency operations. Fundamentals of theory and practice. Suren Lieselotte

Any new business is doomed to failure if you don’t know the basics of what you want to do.

Trading on the Forex currency exchange is no exception, although many people think that the whole essence of this process lies only in opening transactions.

In fact, it is quite difficult to choose the right direction for a transaction if you have no idea what the formation of exchange rates is based on.

Therefore, the book Currency Operations. The basic theory and practice written by Suren Lazelot will be useful to anyone who has decided to seriously engage in exchange trading currencies.

The textbook contains a lot of basic information on the foreign exchange market, but it also contains a section dedicated to dealing.

You can decide for yourself whether you need this book by reading its summary:

Market participants - who are those who buy and sell currencies on the Forex market. Banks, brokerage companies and corporations.

Basic concepts - terminology associated with stock trading, which will be useful to you in the process.

Spot, Swap and Forward operations - what these types of operations are, how they are carried out, as well as the rules for the formation of exchange rates.

Currency options - as one of the types of transactions made with currency pairs , types of options and options for their execution.

Euromarket – market characteristics, interest rates and swap rates. Providing loans with variable rates.

Risks in currency trading and their management - what risks you may encounter if you trade currencies, and most importantly, how you can reduce them to a minimum.

The main organization - what is the essence of the work of treasuries, their structure and the tasks they solve, currency dealing.

Standards of behavior in the foreign exchange market - what the international association of foreign exchange market participants is.

In general, the book cannot be called a guide to speculative trading on Forex, but nevertheless, everyone will find a lot of useful information in it.

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