Guide To Financial Markets, 5/E

The credit crunch and enuing financial crisis showed just how volatile the financial markets can be. Even slight movements in markets prices can have substantial effects on national economies, businesses and institutional investors such as pension funds. Individual investors, meanwhile, face choices among highly complex financial products that are increasingly difficult to get to grips with. Astute use of the financial markets can make all the difference to the bottom line. But in order to act astutely you must understand what you are doing.

The Guide to Financial Markets provides a clear explanation of the different markets. It goes well beyond stocks and bonds to explain the purposes and uses of equity futures and options, securitised instruments, and innovations such as the credit derivatives that can help manage risk but can also prove toxic when not used carefully. And so for anyone who wants a good understandign of:

€ why markets matter

€ foreign-exchange markets

€ international fixed-income markets

€ equity markets

€ money markets

€ futures and options markets

€ bond markets

€ derivatives markets

€ securitisation

There is no better reference source than this fully revised and updated fifth edition of Guide to Financial Markets.

Contents: Why markets matter € Foreign-exchange markets € Money markets € Bond markets € Securitisation € International fixed-income markets € Equity markets € Futures and options markets € Derivatives markets

About the Author: Marc Levinson is a former finance and economics editor of The Economist. He was previously a senior writer at Newsweek and more recently spent ten years as an economist at JPMorgan Chase. He has published widely on economic subjects in such journals as Harvard Business Review and Foreign Affairs, and is currently senior fellow in international business at the Council on Foreign Relations in New York.

Target Audience: Finance professionals involved in stocks and shares, students and academics of management.