Growth Of Derivatives Prompts Update Of FX Dealer's Handbook

The huge growth in the use of derivative products is what convinced Raymond Coninx and his publishers to update the Foreign Exchange Dealer's Handbook (Woodhead-Faulkner, 1991). The third edition, published last month, is about 40 percent rewritten, says Coninx, an experienced foreign exchange trader and consultant.

He also added about 40 pages of new material to the book, which has sold about 1,000 copies in previous editions. The new and rewritten chapters deal with trading of forward rate