ABSTRACT

In recent years, Japan's financial market has seen dramatic changes, in particular the explosive growth of currency trading and the increasing international role of the yen. This book gives a comprehensive overview of this activity. This work is the first non-Japanese language title to examine the prolific rise of Japan's foreign currency exchange market, its idiosyncracies, and its future role in the global economy. It is vital reading for economists and students of Japan-related subjects.

part |2 pages

Part I BACKGROUND

chapter 1|16 pages

MARKET HISTORY

part |2 pages

Part II GENERAL CHARACTERISTICS

chapter 2|20 pages

MARKET PARTICIPANTS

chapter 3|14 pages

MARKET SEGMENTS AND TRANSACTIONS

chapter 4|22 pages

ATTITUDES TOWARDS RISKS

chapter |3 pages

Part III THE RISKS

chapter 5|19 pages

MARKET RISKS

chapter 6|22 pages

DERIVATIVES

chapter 7|20 pages

PAYMENT SYSTEM RISKS

chapter |3 pages

Part IV POLICY ISSUES

chapter 8|20 pages

MARKET REGULATION

chapter 9|19 pages

EXCHANGE RATE STABILISATION

chapter 10|1 pages

CONCLUSION