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Guide to financial markets : why they exist and how they work

 Format: Print  Author/s: Levinson, Marc  Call Number: HG173 L485 2014  Publisher: Public Affairs  Place of Publication: New York  Date of Publication: 2014  ISBN: 9781610393898  Pages: 296  Language: English  Dimension: 21.5 cm  Tags: Finance |
 About the Resource:

Extensively revised and updated following the fallout from the global financial crisis, the 6th 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 existhow they workand 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.

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