Read more
As a result of the reverberations of the crisis in credit markets world wide, investors in financial markets and institutions have witnessed mammoth slides in global stock markets, the privatization and state sponsored takeover of financial institutions and, in an effort to restore equilibrium to markets, the temporary ban on the practice of the short selling of shares in certain financial institutions.
To that end, the rationale behind this book is to respond to the dynamics of this much changed financial market environment by providing a text that presents a more up-to-date description of financial markets - one that offers more current insight into the behaviour of financial markets and financial sector institutions than is currently represented in available books on the subject. Particular strengths include:
An international focus with detailed analysis of financial markets in mainland Europe and Asia, not just the Anglo-Saxon world
An emphasis on risk management and financial regulation
A concentration on behavioural aspects of financial markets
Wedding this new approach to all the customary hallmarks of a typical intermediate financial markets and institutions textbook, its overall aim is to help students in degree programmes specializing in Economics and Finance, Banking, Accounting, or Business and Management appreciate the value of financial markets and institutions and to be able to use techniques in an up to date context.
List of contents
1. The Role of Financial Markets and Institutions: an Overview 2. The Theory of Financial Intermediation 3. Depository Financial Institutions 4. Nondepository Financial Institutions 5. The Risk Management of Financial Institutions 6. Monetary Policy and the Role of the Central Bank 7. Basic Financial Markets Concepts: Risks and Return 8. Modern Portfolio Theory 9. Capital Market Theory 10. Financial Markets and the Term Structure of Interest Rates 11. Money Markets 12. Bond Markets 13. Stock Markets 14. Financial Markets and the Efficient Market Hypothesis 15. Behavioural Finance 16. Foreign Exchange Markets 17. Forward and Futures Contracts and Futures Markets 18. Options Markets and Options Pricing 19. Swap Markets 20. The Regulation of Financial Markets and Institutions
About the author
Everton Dockery is Senior Lecturer in Accounting and Finance at Portsmouth Business School, United Kingdom.
