The Stock Market (Frontiers in Finance Series) - Hardcover

Teweles, Richard J.; Bradley, Edward S.

Hardcover

ISBN 10: 047182044X ISBN 13: 9780471820444

Publisher: John Wiley & Sons, 1987

Synopsis

This book covers every aspect of the stock market - its history, its products, how to buy stocks, how the buy order is transacted, what odd-lots are, what arbitrage is, pyramiding options, futures etc. The reader will come away from this book with both a broad overview of how the market works and with an understanding of the mechanics of transactions. With approximately 40% new material added to this edition, it has been updated to include information on new communications in both listed and over the counter markets. The authors have extensively increased their coverage of options and index trading; the chapters on technical and fundamental analyses have been revised to incorporate modern methods. Much new material on indexes and compliance has also been added.

About this title

From the Back Cover

A CLASSIC REVISITED–AND JUST IN TIME

The most popular and respected guide to every facet of the stock market has now been thoroughly updated to reflect the dramatic shifts that have taken place over the past several years. This Wall Street classic continues to provide the most current and comprehensive coverage of the market′s participants, principles, and practices.

In easy–to–follow, straightforward terms, The Stock Market, 7th Edition shows you how the market works. Beginning with the basics, it takes you from the market′s history and products to its basic structure and operation, to the actual techniques used by shareholders and traders. Based on the authors′ more than 70 years′ combined experience in the field of finance, it shows you how to buy stocks, transact a buy order, and master the often tricky techniques of money management, pyramiding, options, and much more. Every topic is examined from both a broad top–down perspective and with step–by–step guidance.

Packed with clear definitions, cutting–edge strategies, and helpful examples, this new edition provides in–depth information on topics that have changed how stocks perform, as well as how they should be handled. In addition to the globalization of the securities business, regulatory changes, program trading, and advances in online services, you′ll find details on key developments in several important areas, including the derivatives market, index fund investing, and technical and fundamental analysis.

Covering everything from municipal securities and maintenance calls to serial bonds and NASDAQ, this exhaustive reference is invaluable for understanding stock market fundamentals. Now more than ever, it is the one guide every market participant–whether individual investor, broker, or financial advisor–should own.

Averages
∗ Bearer Bonds
∗ Breakpoints
∗ Bull and Bear Spreads Common Stock
∗ Covered Options
∗ Derivatives
∗ Dollar Averaging
∗ Excess Equity
∗ Exempt Securities
∗ Flash Prices
∗ Hedging
∗ Municipal Securities
∗ New York Stock Exchange
∗ Price–Earnings Ratio
∗ Puts and Calls
∗ Reverse Splits
∗ Rolling Over
∗ Stock Splits Straddles
∗ Transfer Agents
∗ Zero Coupon Bonds.

Praise for previous editions of The Stock Market.

"This is a terrific primer on the industry. The authors have created an easy–to–understand and thorough update of this investment classic."–Michael Holland, Vice Chairman, Oppenheimer & Co., Inc.

"The classic every investor who has ever read a book grew up on . . . for both the beginner and the experienced professional alike, this [new] edition is a marvelous reference tool. A must for every investment library."–Stock Market Magazine.

About the Author

RICHARD J. TEWELES, PhD, has more than 40 years of experience as an investment broker and consultant. A Professor Emeritus of Finance, Real Estate, and Law at California State University, Long Beach, he has been an allied member of the New York Stock Exchange and the American Stock Exchange, and has held memberships on the Chicago Board of Trade, the Chicago Mercantile Exchange, and the New York Mercantile Exchange. Dr. Teweles is the author of The Futures Game: Who Wins? Who Loses? Why?

EDWARD S. BRADLEY is a former vice president of Salomon Brothers. A faculty member at the New York Institute of Finance, he is involved in the creation and review of questions for the current Registered Representative Stock Broker Exam.Thoroughly revised and expanded to reflect the enormous changes in the stock market over the past several years, the 7th Edition of this Wall Street classic is an essential resource for anyone involved in the world of finance. From the globalization of the securities business to trading on the Internet to new regulatory changes and how they′ll affect you, no other single work brings this much practical information into such sharp focus. Here′s where you′ll find the essentials of every aspect of today′s markets.

About this edition

• Publisher: John Wiley & Sons
• Publication date: 1987
• ISBN 10: 047182044X
• ISBN 13: 9780471820444
• Binding: Hardcover
• Edition number: 5
• Number of pages: 526