scholarly journals Execution and Cancellation Lifetimes in Foreign Currency Market

2015 ◽  
pp. 27-37 ◽  
Author(s):  
Jean-François Boilard ◽  
Hideki Takayasu ◽  
Misako Takayasu
Keyword(s):  
Foreign Currency ◽  
Currency Market

scholarly journals THE ROLE OF CURRENCY HEDGING ON FIRM PERFORMANCE: A PANEL DATA EVIDENCE IN INDONESIA

2015 ◽  
Vol 17 (3) ◽  
pp. 279-298
Author(s):  
Fiskara Indawan ◽  
Sri Fitriani ◽  
Indriani Karlina ◽  
Melva Viva Grace
Keyword(s):  
Foreign Currency ◽  
Foreign Debt ◽  
Currency Hedging ◽  
Financial Firms ◽  
Currency Market ◽  
Increase Risk ◽  
Currency Mismatch ◽  
And Performance ◽  
Derivative Market

This paper analyzes the role of currency hedging on non-financial firm’s performance. Most firms on the sample have anticipated the currency mismatch risk by balancing the ratio of foreign debt to their asset  fenominated in foreign currency. Using panel estimation, we find that there is no evidence of currency hedging activities to affect capital and performance of firms. The result underlines the low intensity of currency hedging activities due to lack of incentives, which is inline with the low derivative transaction within the underdeveloped foreign currency market. This finding may raise a concern since currently the development of foreign liabilities for non-financial firmsin Indonesia is increasing in significant level, as well as the increase risk of domestic currency depreciation. For these reasons, Bank Indonesia should take proactive policies to deepen foreign currency market as well as derivative market by providing a more comprehensive and market friendly hedging instruments to banks and non-financial firms, while keep promoting the benefit of currency hedging.Keywords: Hedging, derivative market, foreign liability.JEL Classification: F31, G31

scholarly journals ACQUAINTANCE TO FOREX FOREIGN EXCHANGE MARKET

2020 ◽  
pp. 174-180
Author(s):  
O. Zaitsev ◽  
T. Dvorianova
Keyword(s):  
Foreign Exchange ◽  
Professional Training ◽  
Foreign Exchange Market ◽  
Foreign Currency ◽  
Point Of View ◽  
Easy Access ◽  
Exchange Market ◽  
Potential Threat ◽  
Currency Market ◽  
Financial Transactions

The article draws attention to the steady growth of the general trend of direct participation of individuals in financial transactions using electronic platforms. In particular, the article notes the increased interest in participating in operations in the Forex currency market. It is emphasized that relatively technically easy access to participation in financial transactions through the use of electronic platforms is currently a potential threat to financial security for the funds of participants in such transactions. This is a lack of professional training of most novice traders who voluntarily become participants in financial transactions. It is emphasized that stock exchange transactions on stock markets, purchase and sale of currency on electronic platforms, transactions with gold, etc. require, along with general, also special knowledge on certain specific areas of economic development and financial relations. Also, psychological and behavioral factors begin to "work" in such relationships. It is noted that only from the beginning of 2019 in Ukraine at the legislative level began a systematic regulation of the structure of the foreign exchange market and the procedure for trading in foreign currency. The article states that it is time to pay attention to digitalized trading activities from a professional point of view and start teaching in educational institutions the relevant disciplines for training and acquiring students' general skills in trade and financial transactions on electronic platforms. From this point of view, the article provides an introductory review of the Forex currency market, outlines the principles of its operation, pays more attention to trading strategies. As a result, the following conclusions are made that, first, the foreign exchange market is highly profitable provided that its trends are mastered; secondly, the foreign exchange market is high risk; it is necessary to understand not only in many terms, but, especially, in processes and situations in the financial-globalized world to confidently use charts of change of cost of currencies for profit; thirdly, there are many different strategies that can be used successfully in the currency market, from the simplest - for amateurs, to more complex - for experienced traders, but none of them will fit perfectly for a particular psychotype, professional level and amount of time a person - trader can pay trade. Of particular value, according to the authors, is the following conclusion: a trader creates his own strategy, which provides a greater likelihood of earnings in the international Forex market. Currency trader is a creative activity, but an activity based on mastering a large base of professional knowledge.

Hedging and risk aversion in the foreign currency market

1988 ◽  
Vol 8 (6) ◽  
pp. 657-686 ◽  
Author(s):  
Jerry A. Hammer
Keyword(s):  
Risk Aversion ◽  
Foreign Currency ◽  
Currency Market

scholarly journals Empirical scaling relations of market event rates in foreign currency market

2018 ◽  
Vol 509 ◽  
pp. 1152-1161 ◽  
Author(s):  
J.-F. Boilard ◽  
K. Kanazawa ◽  
H. Takayasu ◽  
M. Takayasu
Keyword(s):  
Foreign Currency ◽  
Scaling Relations ◽  
Currency Market ◽  
Event Rates

scholarly journals Dynamics of USSR’s foreign financial operations in 1920: a case study of Garantie- und Kredit Bank für den Osten (Garkrebo) archive materials

2020 ◽  
Author(s):  
I. Kharitonov ◽  
Keyword(s):  
Quantitative Data ◽  
Foreign Currency ◽  
The State ◽  
Foreign Bank ◽  
Currency Market ◽  
Accounting Reports

The paper analyses the international financial operations of the USSR in the 1920s via the case of interbank transactions of the Soviet foreign bank in Germany – the Garantie- und Kredit Bank für den Osten (Garkrebo). The study is based on quantitative data from the archival bank accounting reports. It reveals that the State Bank of the USSR was an initiator of the Soviet financial operations abroad. These operations were aimed to the American foreign currency market, particularly to support of Soviet currency (сhervonets) rate

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