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Foreign Exchange And Forex Trading by Ankit Gala and Jitendra Gala is a how-to guide about investing and trading money on the foreign exchange market. Summary Of The Book The foreign exchange market, also known as forex and FX, is a decentralized global market for trading currencies. Through the interactions of buyers, sellers, and interbank financial centers, the value of the currency is determined. By promoting currency conversion, international trading and investing is possible. The FX market is the most liquid financial market in the world. The average daily turnover rate is $3.9 trillion US dollars. Foreign Exchange And Forex Trading is a guide that will help readers grasp the complexities of the foreign exchange market. It is a text ideally suited for Forex Traders, working Professionals, Bankers, Speculators, and even Students. This book will help these groups gain a better understanding of the foreign exchange market. It will also help them hedge their risks related to foreign exchange, and enable money trading in various currencies. The text is divided into two parts, Foreign Exchange and Forex Trading. These two parts are further divided into sixteen chapters. Chapter 1 will provide readers with an introduction to foreign exchange and other topics such as currency exchange rates and the European Union. Chapter 2 deals with Balance of Payments. In Chapter 3, the authors talk about various financial institutions such as the IMF, IFC, and the World Bank Group. Chapter 4 looks at Important Central Banks such as the Bank of Canada, Bank of England, and the European Central Bank. Chapter 5 is reserved for discussing the main functions of the Reserve Bank Of India. In Chapter 6, readers will acquire a sound background in Forex. Chapters 7 and 8 provides readers with an introduction to Forex Trading and Forex Derivatives. The management of Risk, and Money Management, and Mind Management, are the focus of Chapters 9 and 10. In Chapter 11 titled Fundamental Analysis, readers will learn about the factors that affect the Indian Rupee and factors that affect all currencies. Chapter 12 provides a Technical Analysis of foreign currencies by way of volume interests, charts,moving averages, and Fibonacci Analysis. Chapter 13 looks at Indian Currency Derivatives. In Chapter 14, readers will learn about Strategies to use with Currency Features such as Hedging and Arbitrage. The final two chapters focus on Currency Derivatives, particularly on Clearing/Settling and Regulatory Framework. At the end of the book, the authors have included a List of Currencies from around the world. About The Authors Ankit Gala is an author. He has authored numerous books about the stock market and trading. Some of these titles are Guide To Future Option (Marathi), Guide To Intraday Trading, and Guide To Indian Mutual Funds. Jitendra Gala is an author. He has written numerous books on the subject of trading and investing. Some of these titles are Everything About IPOs, Option Strategies, and Guide To Indian Commodity Market.