Purpose – The aim of this paper is to fill a gap in the foreign‐exchange trading risk‐management literature and particularly from the perspective of emerging and illiquid markets, such as in the context of the Moroccan foreign‐exchange market. Design/methodology/approach – This paper,...

Purpose – It is the purpose of this article to empirically test the risk parameters for larger foreign‐exchange portfolios and to suggest real‐world policies and procedures for the management of market risk with the aid of value at risk (VaR) methodology. The aim of this article is to fill...

Purpose – This paper seeks to provide foreign exchange risk measurement/management techniques and strategies that can be applied to investment and trading portfolios in emerging financial markets, such as the Moroccan foreign exchange market, with the objective of setting up the basis of a...

Purpose – This paper seeks to provide foreign exchange risk measurement/management techniques and strategies that can be applied to investment and trading portfolios in emerging financial markets, such as the Moroccan foreign exchange market, with the objective of setting up the basis of a...

Purpose – It is the purpose of this article to empirically test the risk parameters for larger foreign-exchange portfolios and to suggest real-world policies and procedures for the management of market risk with the aid of value at risk (VaR) methodology. The aim of this article is to fill a...

Purpose – The aim of this paper is to fill a gap in the foreign-exchange trading risk-management literature and particularly from the perspective of emerging and illiquid markets, such as in the context of the Moroccan foreign-exchange market. Design/methodology/approach – This paper,...