The definitive guide to why different financial markets exist and how
they operate.
This edition brings the listener right up to speed with the latest
developments in financial instruments and provides a clear and incisive
guide to this complex world that even those who work in it often find
hard to understand. With chapters on the markets that deal with 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.
Business history is littered with disasters that occurred because people
involved their firms in financial markets they didn't properly
understand. Read this book and you and your company won't be new
additions to this list.
A fabulous source of reference for anyone wishing to understand
financial markets--there is no better guide.