Description
Book SynopsisTrade ReviewFinance and Financial Markets provides an excellent and concise overview of the topic that I have found very useful for finance courses at all levels, including MBA teaching. * Jens Hagendorff, University of Edinburgh Business School, UK *
I would definitely recommend this textbook for undergraduate level. It takes students on a journey into the world of financial markets, from traditional concepts to innovations. Comprehensive and well exemplified, current trends are introduced, such as Bitcoin and Islamic finance. Attractive and accessible for readers, this new edition is the type of book that you want for raising students’ awareness about important lessons and issues. * Catherine Lions, Umeå University, Sweden *
Finance & Financial Markets provides an up-to-date and authoritative analysis of the way financial markets work. The book not only studies the main pillars that define modern finance theory but also goes a step further by discussing the world of financial derivatives, valuation and role in shaping current financial markets. * Jose Olmo, University of Southampton, UK *
This excellent 4th edition continues to provide an accessible introduction to the principles of finance and financial markets and applies this knowledge to an array of problems. It covers the important financial markets and there is also emphasis on financial innovation and financial regulation in order to explain how the latter impacts financial institutions and markets. The book is written in a lively manner to incorporate real world events into the discussion which should be invaluable to students seeking an up-to-date and lucid understanding of finance and financial markets. * Everton Dockery, University of Portsmouth, UK *
A must-read, reader-friendly textbook for anyone interested in the world of finance. It is a superb, up-to-date overview of financial markets and instruments. The new revised edition includes new, very interesting case studies, such as the Libor and the Forex rigging scandals and uses up-to-date data. Providing a unique combination of rigour, numerical illustrations and real world examples, means that the new edition will undoubtedly maintain its market leadership position. * Dimitrios Asteriou, Oxford Brookes University, UK *
Table of Contents1. The World of Finance 2. Financial Intermediation and Financial Markets 3. Financial Institutions 4. Monetary Policy and Interest Rate Determination 5. Domestic and International Money Markets 6. The Domestic and International Bond Market 7. Portfolio Analysis: Risk and Return in Financial Markets 8. The Capital Asset Pricing Model 9. Stockmarkets and Equities 10. The Efficiency of Financial Markets 11. The Foreign Exchange Market 12. Theories of Exchange Rate Determination 13. Financial Futures 14. Options 15. Option Pricing 16. Swap Markets 17. Financial Innovation and the Credit Crunch 18. Regulation of the Financial Sector.
