Designing spreads in forward exchange co
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Michael Adler
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Article
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1983
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John Wiley and Sons
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English
β 844 KB
his article aims to set forth guidelines for the design of successful spreads in T foreign exchange futures or forward contracts. A spread is a two-legged strategy which combines a purchase (sale) for a near maturity with an opposite sale (purchase)' for a distant maturity. Because spreads involve o