he 1970s were a period of rapid change and innovation in foreign exchange T trading. There was the shift from fixed to floating exchange rates. There was a rapid increase in professional foreign exchange trading in the United States. And, there was the introduction of trading in foreign currency fut
Futures trading activity and predictable foreign exchange market movements
β Scribed by Changyun Wang
- Book ID
- 117528587
- Publisher
- Elsevier Science
- Year
- 2004
- Tongue
- English
- Weight
- 231 KB
- Volume
- 28
- Category
- Article
- ISSN
- 0378-4266
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Examination is made of the relative contributions to price discovery of the floor and electronically traded euro FX and Japanese yen futures markets and the corresponding retail on-line foreign exchange spot markets. GLOBEX electronic futures contracts provide the most price discovery in the euro; t