How the Stock Market Works - Softcover

Dalton

Softcover

ISBN 10: 0130978663 ISBN 13: 9780130978660

Publisher: Prentice Hall, 2000

Synopsis

The second edition of the popular How The Stock Market Works updates and expands its solid introduction to Wall Street for individual investors and beginning financial professionals alike. This primer explains the workings of the securities industry as a whole, including the initial public offering (getting the stocks to the marketplace), types of stocks, who's who inside the brokerage firm, executing orders on the Exchange floor, the role of the specialist, the over-the-counter market, back office operations (buy/sell and processing procedures), and the major theories of market analysis. The second edition has six new chapters, covering why individuals and institutions buy stocks: dividends and capital gains, risks and rewards; how to read the financial press ... stock symbols, dividend, yield, P/E ratio; closed-end and open-end funds ... how mutual funds are priced, bought and sold ... figuration of net asset values and offering prices; stock options ... puts and calls ... leverage ... time value and intrinsic value ... options as hedging tools; how to understand a corporate balance sheet and income statement; and how dividends and capital gains are taxed.

About this title

Synopsis:

Updated and revised, this text provides a Baedeker's guide to the workings of the securities industry. From the types of stocks offered to the major theories of market analysis, this work aims to be an easy-to-follow introduction to Wall Street. Coverage includes: how to read the financial press, closed-end and open-end funds, types of stocks and stock-like investments, stock options, and how to understand a corporate balance sheet, how dividends and capital gains are taxed.

About the Author:

Jack Dalton is a practicing attorney and an instructor at the New York Institute of Finance.Formerly with the American Stock Exchange, Inc., he was the Assistant Director of the Floor Rules Department, Director of the Trading Analysis Department and a Senior Compliance Attorney. He lectures extensively on the inner workings of the securities industry.

About this edition

• Publisher: Prentice Hall
• Publication date: 2000
• ISBN 10: 0130978663
• ISBN 13: 9780130978660
• Binding: Paperback
• Edition number: 2
• Number of pages: 384