How Long to Read Establishing a Foreign Exchange Futures Market in China

How Long Does it Take to Read Establishing a Foreign Exchange Futures Market in China?

It takes the average reader and 22 minutes to read Establishing a Foreign Exchange Futures Market in China by Mr. Zhongxia Jin

Assuming a reading speed of 250 words per minute. Learn more

Description

During China’s transition toward a more flexible exchange rate, it is essential to further develop its foreign exchange (FX) derivatives markets to meet the growing hedging needs associated with greater exchange rate fluctuations. Although over-the-counter (OTC) FX derivatives markets already exist in China, it lacks a FX futures market that offers critical complementarities. With standardized products, greater transparency and centralized oversight, a FX futures market can better satisfy the hedging needs of small and medium-sized enterprises and enhance regulatory efficiency. To address concerns regarding whether FX futures market will amplify the volatility of spot exchange rates, this paper analyzes the impact of establishing FX futures markets on spot market volatility using data from major emerging market economies. The result shows that FX futures market is not empirically associated with an increase in spot market volatility; in some cases, it is even associated with a decrease in spot market volatility. This paper further suggests that for a well-functioning FX futures market to be established, it is essential for China to substitute the inefficient documentation requirement of underlying exposures with a new set of market-oriented measures for the purpose of prudent regulation.

How long is Establishing a Foreign Exchange Futures Market in China?

Establishing a Foreign Exchange Futures Market in China by Mr. Zhongxia Jin is 22 pages long, and a total of 5,544 words.

This makes it 7% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Establishing a Foreign Exchange Futures Market in China Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read Establishing a Foreign Exchange Futures Market in China aloud.

What Reading Level is Establishing a Foreign Exchange Futures Market in China?

Establishing a Foreign Exchange Futures Market in China is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Establishing a Foreign Exchange Futures Market in China?

Establishing a Foreign Exchange Futures Market in China by Mr. Zhongxia Jin is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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