This book aims to provide a complete and accessible reference for foreign exchange markets and FX products for anyone working in the private wealth management industry. Dealing primarily with over-the-counter products, the book provides extensive coverage of FX spot, forward, NDF, swaps, options and exotic option transactions in terms of their characteristics, pricing concepts, associated risks and their applications with a focus on wealth management. The book also gives a detailed analysis of many structured FX investment products so that wealth management professionals can understand when to sell them, who are they suitable for, the inherent risks and potential returns, and how they are being structured.
