Guide to Financial Markets, Third Edition (The Economist Series) - Hardcover

Levinson, Marc

Hardcover

ISBN 10: 1576601420 ISBN 13: 9781576601426

Publisher: Bloomberg Press, 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

About the Author

Marc Levinson is a former finance editor of The Economist.

Edition details

• Publisher: Bloomberg Press
• Publication date: 2003
• Language: English
• ISBN 10: 1576601420
• ISBN 13: 9781576601426
• Binding: Hardcover
• Edition number: 3
• Number of pages: 256