How the Stock Markets Work

by Colin Chapman

Published 10 October 1991
The world stockmarkets now trade non-stop, with dealers passing trade from one to another through time zones. The shares of the major companies in the world - the "Top 2000" - are traded in this way, and local stockmarkets are now only relevant to the smaller stocks. This revised fourth edition provides an account of the operations of the world's stock markets and looks at the changes brought upon them by modern communications, deregulation, privatisation etc. It also looks at the buying and selling of stocks and shares, examines the power of the huge institutions and considers the possible dangers for the small investor.