CONTENTS

COVER . . . . . . . . . . . . . . . . . . . .

CONTENTS . . . . . . . . . . . . . . . . . . . . . . . 1

Introduction . . . . . . . . . . . . . . . . . . . . 2 - 5

Currency, options and value-determination

Risk Insurance - definitions . . . . . . . . . . . . . 6 - 11

Currency, Contracts and Hedging

Calculate the Option Price . . . . . . . . . . . . . 12 - 16

Formulas and models, in brief

Exchanges

Worldwide which handle currency and options . . . 17 - 18

Regulators in the Derivative Market . . . . . . . 19 - 21

Agencies who want responsibility for options, and regulations

Speculators and losers . . . . . . . . . . . . . . 22 - 23

Businesses who believed they could win

BIBLIOGRAPHY . . . . . . . . . . . . . . . . . . . 24 - 27