This book is a great read for those interested in finance and foreign exchange markets. With clear and concise explanations, it provides an introduction to the subject matter and guides readers through the workings of each market. The unique feature of this book is its practicality, making it a great resource for anyone looking to better understand the foreign exchange and money markets.

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Investing in the vital foreign exchange and money markets is introduced. Offers a working understanding of the markets and their respective systems. Describes all aspects of trading calculations including spot calculations, forwards, short dates, adjustments, and artificial currency units. Examines new market areas, from currency swap and currency option markets to ``third generation'' hedging products. Discusses a variety of related money market instruments.

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