Download the e-book:

The ABCs of Price Risk Hedging: How FX Brokers Manage Their Price Risk

Not found
Ascension Island +247
Not found
Andorra +376
Not found
United Arab Emirates (‫الإمارات العربية المتحدة‬‎) +971
Not found
Antigua and Barbuda +1
Not found
Anguilla +1
Not found
Albania (Shqipëri) +355
Not found
Armenia (Հայաստան) +374
Not found
Angola +244
Not found
Argentina +54
Not found
American Samoa +1
Not found
Austria (Österreich) +43
Not found
Australia +61
Not found
Aruba +297
Not found
Åland Islands +358
Not found
Azerbaijan (Azərbaycan) +994
Not found
Bosnia and Herzegovina (Босна и Херцеговина) +387
Not found
Barbados +1
Not found
Bangladesh (বাংলাদেশ) +880
Not found
Belgium (België) +32
Not found
Burkina Faso +226
Not found
Bulgaria (България) +359
Not found
Bahrain (‫البحرين‬‎) +973
Not found
Burundi (Uburundi) +257
Not found
Benin (Bénin) +229
Not found
Saint Barthélemy +590
Not found
Bermuda +1
Not found
Brunei +673
Not found
Bolivia +591
Not found
Caribbean Netherlands +599
Not found
Brazil (Brasil) +55
Not found
Bahamas +1
Not found
Bhutan (འབྲུག) +975
Not found
Botswana +267
Not found
Belize +501
Not found
Canada +1
Not found
Cocos (Keeling) Islands +61
Not found
Congo (DRC) (Jamhuri ya Kidemokrasia ya Kongo) +243
Not found
Central African Republic (République centrafricaine) +236
Not found
Congo (Republic) (Congo-Brazzaville) +242
Not found
Switzerland (Schweiz) +41
Not found
Côte d’Ivoire +225
Not found
Cook Islands +682
Not found
Chile +56
Not found
Cameroon (Cameroun) +237
Not found
China (中国) +86
Not found
Colombia +57
Not found
Costa Rica +506
Not found
Cape Verde (Kabu Verdi) +238
Not found
Curaçao +599
Not found
Christmas Island +61
Not found
Cyprus (Κύπρος) +357
Not found
Czech Republic (Česká republika) +420
Not found
Germany (Deutschland) +49
Not found
Djibouti +253
Not found
Denmark (Danmark) +45
Not found
Dominica +1
Not found
Dominican Republic (República Dominicana) +1
Not found
Algeria (‫الجزائر‬‎) +213
Not found
Ecuador +593
Not found
Estonia (Eesti) +372
Not found
Egypt (‫مصر‬‎) +20
Not found
Western Sahara (‫الصحراء الغربية‬‎) +212
Not found
Eritrea +291
Not found
Spain (España) +34
Not found
Ethiopia +251
Not found
Finland (Suomi) +358
Not found
Fiji +679
Not found
Falkland Islands (Islas Malvinas) +500
Not found
Micronesia +691
Not found
Faroe Islands (Føroyar) +298
Not found
France +33
Not found
Gabon +241
Not found
United Kingdom +44
Not found
Grenada +1
Not found
Georgia (საქართველო) +995
Not found
French Guiana (Guyane française) +594
Not found
Guernsey +44
Not found
Ghana (Gaana) +233
Not found
Gibraltar +350
Not found
Greenland (Kalaallit Nunaat) +299
Not found
Gambia +220
Not found
Guinea (Guinée) +224
Not found
Guadeloupe +590
Not found
Equatorial Guinea (Guinea Ecuatorial) +240
Not found
Greece (Ελλάδα) +30
Not found
Guatemala +502
Not found
Guam +1
Not found
Guinea-Bissau (Guiné Bissau) +245
Not found
Guyana +592
Not found
Hong Kong (香港) +852
Not found
Honduras +504
Not found
Croatia (Hrvatska) +385
Not found
Haiti +509
Not found
Hungary (Magyarország) +36
Not found
Indonesia +62
Not found
Ireland +353
Not found
Israel (‫ישראל‬‎) +972
Not found
Isle of Man +44
Not found
India (भारत) +91
Not found
British Indian Ocean Territory +246
Not found
Iceland (Ísland) +354
Not found
Italy (Italia) +39
Not found
Jersey +44
Not found
Jamaica +1
Not found
Jordan (‫الأردن‬‎) +962
Not found
Japan (日本) +81
Not found
Kenya +254
Not found
Kyrgyzstan (Кыргызстан) +996
Not found
Cambodia (កម្ពុជា) +855
Not found
Kiribati +686
Not found
Comoros (‫جزر القمر‬‎) +269
Not found
Saint Kitts and Nevis +1
Not found
South Korea (대한민국) +82
Not found
Kuwait (‫الكويت‬‎) +965
Not found
Cayman Islands +1
Not found
Kazakhstan (Казахстан) +7
Not found
Laos (ລາວ) +856
Not found
Lebanon (‫لبنان‬‎) +961
Not found
Saint Lucia +1
Not found
Liechtenstein +423
Not found
Sri Lanka (ශ්‍රී ලංකාව) +94
Not found
Liberia +231
Not found
Lesotho +266
Not found
Lithuania (Lietuva) +370
Not found
Luxembourg +352
Not found
Latvia (Latvija) +371
Not found
Libya (‫ليبيا‬‎) +218
Not found
Morocco (‫المغرب‬‎) +212
Not found
Monaco +377
Not found
Moldova (Republica Moldova) +373
Not found
Montenegro (Crna Gora) +382
Not found
Saint Martin (Saint-Martin (partie française)) +590
Not found
Madagascar (Madagasikara) +261
Not found
Marshall Islands +692
Not found
North Macedonia (Северна Македонија) +389
Not found
Mali +223
Not found
Myanmar (Burma) (မြန်မာ) +95
Not found
Mongolia (Монгол) +976
Not found
Macau (澳門) +853
Not found
Northern Mariana Islands +1
Not found
Martinique +596
Not found
Mauritania (‫موريتانيا‬‎) +222
Not found
Montserrat +1
Not found
Malta +356
Not found
Mauritius (Moris) +230
Not found
Maldives +960
Not found
Malawi +265
Not found
Mexico (México) +52
Not found
Malaysia +60
Not found
Mozambique (Moçambique) +258
Not found
Namibia (Namibië) +264
Not found
New Caledonia (Nouvelle-Calédonie) +687
Not found
Niger (Nijar) +227
Not found
Norfolk Island +672
Not found
Nigeria +234
Not found
Nicaragua +505
Not found
Netherlands (Nederland) +31
Not found
Norway (Norge) +47
Not found
Nepal (नेपाल) +977
Not found
Nauru +674
Not found
Niue +683
Not found
New Zealand +64
Not found
Oman (‫عُمان‬‎) +968
Not found
Panama (Panamá) +507
Not found
Peru (Perú) +51
Not found
French Polynesia (Polynésie française) +689
Not found
Papua New Guinea +675
Not found
Philippines +63
Not found
Pakistan (‫پاکستان‬‎) +92
Not found
Poland (Polska) +48
Not found
Saint Pierre and Miquelon (Saint-Pierre-et-Miquelon) +508
Not found
Puerto Rico +1
Not found
Palestine (‫فلسطين‬‎) +970
Not found
Portugal +351
Not found
Palau +680
Not found
Paraguay +595
Not found
Qatar (‫قطر‬‎) +974
Not found
Réunion (La Réunion) +262
Not found
Romania (România) +40
Not found
Serbia (Србија) +381
Not found
Rwanda +250
Not found
Saudi Arabia (‫المملكة العربية السعودية‬‎) +966
Not found
Solomon Islands +677
Not found
Seychelles +248
Not found
Sudan (‫السودان‬‎) +249
Not found
Sweden (Sverige) +46
Not found
Singapore +65
Not found
Saint Helena +290
Not found
Slovenia (Slovenija) +386
Not found
Svalbard and Jan Mayen +47
Not found
Slovakia (Slovensko) +421
Not found
Sierra Leone +232
Not found
San Marino +378
Not found
Senegal (Sénégal) +221
Not found
Somalia (Soomaaliya) +252
Not found
Suriname +597
Not found
South Sudan (‫جنوب السودان‬‎) +211
Not found
São Tomé and Príncipe (São Tomé e Príncipe) +239
Not found
El Salvador +503
Not found
Sint Maarten +1
Not found
Eswatini +268
Not found
Turks and Caicos Islands +1
Not found
Chad (Tchad) +235
Not found
Togo +228
Not found
Thailand (ไทย) +66
Not found
Tajikistan +992
Not found
Tokelau +690
Not found
Timor-Leste +670
Not found
Turkmenistan +993
Not found
Tunisia (‫تونس‬‎) +216
Not found
Tonga +676
Not found
Turkey (Türkiye) +90
Not found
Trinidad and Tobago +1
Not found
Tuvalu +688
Not found
Taiwan (台灣) +886
Not found
Tanzania +255
Not found
Ukraine (Україна) +380
Not found
Uganda +256
Not found
United States +1
Not found
Uruguay +598
Not found
Uzbekistan (Oʻzbekiston) +998
Not found
Vatican City (Città del Vaticano) +39
Not found
Saint Vincent and the Grenadines +1
Not found
Venezuela +58
Not found
British Virgin Islands +1
Not found
U.S. Virgin Islands +1
Not found
Vietnam (Việt Nam) +84
Not found
Vanuatu +678
Not found
Wallis and Futuna (Wallis-et-Futuna) +681
Not found
Samoa +685
Not found
Kosovo +383
Not found
Yemen (‫اليمن‬‎) +967
Not found
Mayotte +262
Not found
South Africa +27
Not found
Zambia +260
Not found
Zimbabwe +263

What you will learn from this book

1

Get the understanding of the behind the scenes broker’s operations related to price risk management and practice by solving simple but real-world examples.

2

Find out the difference between the A/B/C-Books, the challenges related to these models, and get a greater understanding of risk acceptance or transference.

3

Fill gaps in financial literature and understand the anatomy of trading and risk management at the broker’s side.

Review the book briefly

Reviews

Usually explanations of the common broker practices to a wider audience offer a misleading oversimplification. This book is a very in-depth and insightful read for anyone who is interested in trading and who has ever wondered what happens behind the scenes at their brokerage.

This book is aimed at those who would like to start their own brokerage, at backoffice, customer care, IT, and dealing desk employees. It will be useful also to professional traders, willing to know how FX dealers operate.

Conor O’DriscollSVP of OTC Platform

Non-professional traders and investors, especially beginners, can be split into two camps: those who believe that FX brokerage business is rocket science, and those asserting it is a fraud.

This handbook explains what the business of an FX brokerage really is, in a structured and detailed way, while still easy to understand. It is useful for brokerage personnel too, as it may help them to develop a broader perspective on their everyday work.

Vitaly KudinovSVP of Business Development

About the author

Evgeny Sorokin is CPO of Software Engineering at Devexperts. Having implemented trading platforms with tens of brokers from around the globe, he gained knowledge of how different departments of brokerages operate from the technology perspective.

Evgeny Sorokin

Link copied