Guide to Financial MarketsMarc LevinsonISBN 1861979568ISBN 13 9781861979568February 2006Price £20.00Hardback, 4th edition, 256 pp.Buy this book at the Economist ShopView quote sheetSubject: BusinessOther formats available: Hardback |
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The definitive guide to why different financial markets exist and how they operate. Extensively revised and updated, the 4th edition of this best-selling book, brings the reader right up to speed with the latest developments in financial instruments and provides a clear and incisive guide to this complex world that even those who work in it often find hard to understand. With chapters on the markets that deal with 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. Business history is littered with disasters that occurred because people involved their firms in financial markets they didn’t properly understand. Read this book and you and your company won’t be new additions to this list. A fabulous source of reference for anyone wishing to understand financial markets – there is no better guide. ‘Covers the breadth of products and markets admirably. Will provide the relative newcomer to financial markets with a good overview of this extremely complex subject area.’ ‘A useful reference source for all those involved in the industry. Financial journalists, investment advisers and fund managers could all find Levinson’s guide extremely useful.
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