Guide to Financial Markets (Economist Books (Series).) - Hardcover

Levinson, Marc

Hardcover

ISBN 10: 1576601420 ISBN 13: 9781576601426

Publisher: Economists Books, 2003

Synopsis

The definitive guide to why different financial markets exist and how they operate

Financial markets play a hugely important role in the modern economy and globalization of them markets continues apace. Electronic trading has led to exponential year-by-year growth in trading on the money and foreign exchange markets. And billions of dollars-worth of derivatives in all kinds of new and fancy—and often almost incomprehensible—forms are created and sold daily. Stock markets have bubbled and burst, proving that their performance can never be taken for granted and giving the bond market a fillip. This book provides a brilliantly clear guide to this complex world that even those who work in it often find hard to understand. With chapters on the markets that deal in money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, it looks at why these markets exist, how they work and who trades in them, and it gives a run-down of the factors that affect prices and rates.

About this title

Review

A useful reference source for all those involved in the industry. Financial journalists, investment advisers and fund managers could all find Levinson's guide extremely useful. (Fund Manager)

Covers the breadth of products and markets admirably. Will provide the relative newcomer to financial markets with a good overview of this extremely complex subject area. (The Business Economist)

Edition details

• Publisher: Economists Books
• Publication date: 2003
• Language: English
• ISBN 10: 1576601420
• ISBN 13: 9781576601426
• Binding: Hardcover
• Edition number: 3
• Number of pages: 250