DERIVATIVE INSTRUMENTS (FORWARD, FUTURES) AS RISK MANAGEMENT TOOLS FOR CURRENCY VOLATILITY FOR CORPORATE MANAGERS (Instrumenty pochodne forward/futures jako narzedzie zabezpieczajace ryzyko kursowe w przedsiebiorstwie)

• Authors: Zajac Dariusz , Wieckowski Ireneusz
• Languages of publication: PL

Abstracts

EN

The article presents risk associated with currency fluctuations which can adversely affect exporters and importers. The solution to risk which currency fluctuations can cause is an effective use of derivative instruments such as forwards, futures, and vanilla options. The author presented practical examples of hedging techniques used by exporters and importers, employing these instruments. Likewise, the author explained the potential risks associated with the use of derivative instruments.

Keywords

EN

DERIVATIVES; FINANCIAL ENGINEERING; FOREIGN EXCHANGE MARKET; FOREIGN EXCHANGE RISK MANAGEMENT; HEDGING

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Spółdzielczy Instytut Naukowy G. Bierecki sp.j.
• Journal: Pieniądze i Więź
• Year: 2010
• Volume: 13
• Issue: 2(47)
• Pages: 59-68
• Document type: ARTICLE

Contributors

author

Zajac Dariusz

author

Wieckowski Ireneusz

• Dariusz Zajac, Alpha Financial Services, ul. Nowy Swiat 6/12, 00-400 Warszawa, Poland

Identifiers

CEJSH db identifier

10PLAAAA08375