Recent market turbulence makes it
abundantly clear how important it is to understand the key markets. This book is the definitive guide to
why different markets exist, how they operate, and how they are interrelated.
Extensively revised and updated, the new Fifth Edition of Guide
to Financial Markets brings the reader up to date with the latest
developments in financial instruments and provides a clear and incisive guide
to this increasingly complex world.
With chapters on the markets that deal with money, foreign exchange, equities,
bonds, commodities, futures, options, and other derivatives, this new edition
looks at why these markets exist, how they work, and who trades in them, and
provides a rundown of the factors that affect prices and rates.
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