An introduction to international capital markets: products, strategies, participants

This book provides an accessible and comprehensive one-volume introduction tocapital markets. Based on the author's many years experience as a trainer in this field, the book is ideal for those who are entering or planning to enter investment banking or asset management. It will also be an invaluable reference tool for professionals already working in the industry who are seeking to extend their knowledge base. Describing how the key products and markets work, who the principal participants are and their overall goals and objectives, Andrew Chisholm provides a thorough overview of the global capital markets. The book covers both equity and debt instruments as well as the principal derivativeproducts. In a step-by-step fashion, making extensive use of real-world casesand examples, it explains the application of interest rate and equity swaps, financial futures, equity options and options on currencies and interest rates. An extensive glossary explains concisely many of the 'jargon' expressions used in the financial markets. The book will be updated to reflect the many changes the industry has seen over the past five years, notably the rise of the credit markets. As well as a thorough update of all existing materials, the author will add additional chapters on credit derivatives, structured credit products and asset securitization - areas which have grown immensely since publication of the first edition. It will also cover later generation derivatives products and provide more information on the clients (participants) who use the capital markets. US sales of the first edition were also disappointing. The author believes this was due to the largely European nature of both the examples and writing. The new edition will feature industry examples from EMEA, the US and Asia. Table of Contents Introduction: The Market Context The Money Markets The Foreign Exchange Market Bond Markets Bond Price Sensitivity The Yield Curve Credit Markets and Securitization Equity Markets Equity Analysis and Valuation Cash Flow Models in Equity Valuation Interest Rate Forwards and Futures Bond Futures Interest Rate Swaps Interest Rate Swap Valuation Equity Index Futures and Swaps Fundamentals of Options Option Valuation Models Option Pricing andRisks Option Strategies Currency and Interest Rate Options Credit DerivativesGlossary of Financial Terms Useful Internet Sites Further Reading

• ISBN: 978-0-470-75898-4
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 448
• Fecha Publicación: 22/05/2009
• Nº Volúmenes: 1
• Idioma: Inglés