Guide to Financial Markets: Why they exist and how they work

Guide to Financial Markets: Why they exist and how they work

by The Economist, Marc Levinson

Paperback(Reprint)

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Overview

The revised and updated 7th edition of this highly regarded book brings the reader right up to speed with the latest financial market developments, and provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand.

In chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book examines why these markets exist, how they work, and who trades in them, and 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 with financial instruments they didn't properly understand. If they had had this book they might have avoided their mistakes. For anyone wishing to understand financial markets, there is no better guide.

Product Details

ISBN-13: 9781610399890
Publisher: PublicAffairs
Publication date: 07/24/2018
Series: Economist Books Series
Edition description: Reprint
Pages: 304
Sales rank: 289,917
Product dimensions: 5.30(w) x 8.50(h) x 0.90(d)

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 with 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.

Table of Contents

List of tables vi

List of figures viii

1 Why markets matter 1

2 Foreign-exchange markets 17

3 Money markets 44

4 Bond markets 69

5 Securitisation 111

6 International fixed-income markets 137

7 Equity markets 154

8 Futures and options markets 197

9 Derivatives markets 254

Index 275

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