FiREapps, the leading provider of Foreign Exchange Exposure Management Technologies, announced today that former Alcatel-Lucent Treasury Manager Fikre Bizuneh will lead an upcoming Webinar with FiREapps CFO/COO Corey Edens on effective foreign exchange exposure management and how foreign exchange exposure impacts the foreign exchange lifecycle.
FiREapps, the leading provider of Foreign Exchange Exposure Management Technologies, announced today that HedgeTrackers Founder and President, Helen Kane, Bear Stearns Senior Managing Director & Chief Institutional Strategist, Leo Tilman and FiREapps CEO, Wolfgang Koester will lead an upcoming Webinar to discuss the impact of foreign exchange uncertainty on corporate...
News that Vikram Pandit will be the new chief executive officer of Citigroup, joining other Indians such as Pepsi's Indra Nooyi at the top of major U.S. corporations, comes at the same time that we learn that Tata Motors may buy Jaguar from Ford Motor. The Indians...
FiREapps, the leading provider of Foreign Exchange Exposure Management Technologies, announced today that Pat Wechsler, editorial director at Treasury & Risk Magazine, will moderate an upcoming Webinar featuring Vice President and Treasurer at Google, Brent Callinicos, and FiREapps CEO Wolfgang Koester on effective foreign exchange exposure management and its impact...
The Foreign Exchange Trader job description template includes the following job summary: Oversees and executes foreign currency trades, trades on foreign exchanges and major worldwide commodity markets for both the bank and for international clients. Additional information available includes essential job functions, additional responsibilities, and education and experience requirements.
An online foreign exchange platform aimed at sophisticated investors is to be launched by Citi in collaboration with Copenhagen-based Saxo Bank. An online foreign exchange platform aimed at sophisticated investors is to be launched by Citi in collaboration with Copenhagen-based Saxo Bank.
This paper examines whether the traditional sets of macro surprises, that most of the literature considers, are the only sorts of news that can explain exchange rate movements. It examines the intra-daily influence of a broad set of news reports, including variables which are not typically considered "fundamentals" in the...
This paper depicts about the emergence of China and Asia as major players in world capital and foreign exchange markets. The approach provides a coherent explanation for the current structure of interest rates, exchange rates and current account balances. The framework developed in this paper also provides a guide to...
This paper provides comparative information on governance arrangements guiding foreign exchange interventions, on central banks' related communications policies, and on the accountability of central banks for their intervention decisions. At the operational level, governance arrangements for foreign exchange interventions also seem somewhat less clearly defined and more opaque than those...
This paper focuses on the foreign exchange market intervention. The paper fundamentally discusses that while few developed countries have actively intervened within the last decade, the outstanding exception being Japan, intervention has been commonplace in the emerging market community. There are several reasons why developed countries no longer actively intervene....
Central banks intervene in foreign exchange markets in order to achieve a variety of overall economic objectives, such as controlling inflation, maintaining competitiveness or maintaining financial stability. Three immediate objectives of intervention have been important: to influence the level of the exchange rate; to dampen exchange rate volatility or supply...
This paper focuses on the methods and tactics of foreign exchange market intervention with an emphasis on how the tactics of intervention can depend on intervention objectives and the environment. The paper highlights the main features of the survey responses provided by emerging market central banks on questions of the...
This paper addresses how central banks in the emerging market economies assess the effects of their foreign exchange interventions on the exchange rate. It examines how they view other external effects of intervention, such as the relationship between intervention, reserve accumulation and external vulnerabilities, and the usefulness of additional rules...
This paper attempts to provide a comprehensive overview of what is known about the effectiveness of foreign exchange intervention in emerging market countries. A major stumbling block in assessing the effectiveness of intervention in emerging markets has been a lack of data. In constructing an overview of the results, it...
Growing global financial integration has influenced monetary policy in important ways. Developments have shown, however, that, while many countries have adopted more flexible exchange rate regimes, they often intervene to dampen exchange rate movements. Such developments raise several questions. The paper addresses these questions. It discusses the choice of exchange...
Fragile banking sector and underdeveloped capital market are two equally important root causes of the Asian financial crisis. Due to structural weaknesses characterized by lax supervision, non-autonomous management, and poor corporate governance system, the banking sector in Asian economies faced limitations in channeling large savings amounting to 30 to 40...
This paper examines the markets for different products used to hedge risks associated with emerging markets, including credit default swaps, political risk insurance, as well as nondeliverable forward foreign exchange contracts NDFs. It outlines the development and characteristics of the NDF market highlighting findings from discussions with U.S. commercial and...
The article informs that foreign investors in China may put plans on hold and reconsider their exit strategies in the wake of a recent circular issued by the State Administration of Foreign Exchange, which for the first time makes overseas investment by mainland-based individuals as well as enterprises subject to...