Fx spreads and dealer competition across the 24-hour trading day

The onset of the subprime crisis , the global financial crisis , and the Eurozone public debt crisis since the end of has Risk Management in Emerging Markets: Issues, Framework, and Modeling.

FX Spreads and Dealer Competition Across the Hour Trading Day | The Review of Financial Studies | Oxford Academic

Emerald Group Publishing , 4 oct. Academic finance research has shown that emerging markets still suffer from a myriad of risks such as credit, operational, market, legal and exchange rate risks.

The onset of the subprime crisis , the global financial crisis , and the Eurozone public debt crisis since the end of has brought to the light a number of emerging markets facing tumbling currencies, rising inflation, slowing growth, heavy dependence on foreign capital, and high levels of vulnerability to external shocks due to increased market integration.

This context calls for not only a reconsideration of recent risk assessment models and risk management practices, but also the improvement and innovation of these models and practices.

Factors such as liquidity, tail dependence, comovement, contagion, and timescale interactions have thus to be part of an integrated risk assessment and management framework.

This book addresses three main dimensions of risk management in emerging markets: Issues, Framework, and Modeling Emerald Group Publishing , 4 oct. Applications and Case Studies.

Sabri Boubaker , Bonnie Buchanan , Duc Khuong Nguyen.