Market Know How: Finance And Markets

Which few decisions or activities, if done incorrectly, almost always negatively affect performance, even if most other things go right? And which decisions or activities, done correctly, will almost always deliver disproportionately positive effects on performance?

People working in the financial markets and businesses linked to the financial markets, such as HR, IT, credit or legal departments are expected to understand a range of ever-changing financial concepts, products and practices. Yet too often there is no direct experience upon which to draw, or practitioners have become over-specialised. For example, the bond marketer will only have a sliver of knowledge about FOREX markets, or the marketing relationship manager who only has a fleeting acquaintance with derivatives, or the high-flying graduate entrant who is feeling daunted by all the terminology and market jargon.

"Market Know-How: Finance and Markets" is an exciting and targeted training book written for anyone who feels that they may not have all the facts, or for those wanting an authoritative introduction to the financial markets. It brings together experts in securities trading, derivatives, foreign exchange traders and IT consultants to provide explanations and advice on situations, conditions and market uses and applications. This book will be the difference between success and failure - it is from the markets, for the markets.

The following people have contributed to the book:

Tony Blunden, Chase Cooper

Sue Cooper, Enigma Management Development

Bill Hodgson, Sapient

Richard Moore, ex-Citigroup and FX market legend

Mike Simmons, Independent trainer and author

'As well as covering all the essential topics of financial management and key business terms, I'm pleased that "Market Know How" covers the all too often overlooked but increasingly relevant issues of ethics and good business practice.'

"Ed Davey, COO Global Foreign Exchange, JP Morgan"

'A very easy-to-read wide guide to financial terms and markets for new practitioners and even for older ones too.'

"Rob Close, President and Chief Executive Officer, CLS Bank International"

Whether you are a seasoned market practitioner, a new entrant into the financial markets or you just want to know how business and finance works, this valuable book should be at your fingertips. It is an authoritative introduction to financial concepts, products and instruments that will provide you with the experience you can't get from a university or a business school.

"Market Know How: Finance and Markets" brings together experts in finance, securities and operations, derivatives, foreign exchange traders and leading business consultants to provide explanations and advice on best practice, calculations and formulas, financial concepts, tools and techniques. It identifies the key subjects that you need to know to help you succeed in the business world. Topics covered include:

• A guide to the key market players, participants, departments and regulators
• Key tools and techniques such as LIBOR, TVM, margins and netting
• The essential instruments including derivatives, options and swaps
• How to manage and assess risk
• Definitions of important acronyms and essential jargon
• Business ethics and how to behave in the workplace - including what do to about discrimination, bullying, whistle blowing and insider dealing
• How foreign exchange trading really works and what banks look for in their traders

This book will be the difference between success and failure - it's from the markets, for the markets.