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 exist, how they work, and 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.
- ISBN10 1610393899
- ISBN13 9781610393898
- Publish Date 28 January 2014
- Publish Status Active
- Out of Print 12 January 2023
- Publish Country GB
- Imprint Economist
- Edition 6th Revised edition
- Format Paperback
- Pages 304
- Language English