An Introduction to Global Financial Markets - Hardcover

This is an introduction to the world's principal financial markets and institutions. This new edition has been updated to include: European Union developments; deregulation, and its effects on banking systems; changes in Europe's futures and options exchanges; and the aftermath of the collapse of the "tiger economies". Providing coverage of commercial and investment banking, foreign exchange, money and bond markets, trade finance, stock markets, and options, futures and other derivatives, this book offers a basic understanding of the world of finance. This book does not aim to provide coverage of the theory of the subject, but rather draws on the author's teaching and training experience in explaining these topics to those new to the field.

STEPHEN VALDEZ founded Valdez Financial Training in 1985 to provide simple introductory courses on financial markets. These courses are used on a worldwide basis by major banks, financial institutions, software houses and information providers. Since January 1996, Valdez Financial Training has operated as a division of the Financial Training Company Ltd, one of the largest providers of training to the financial markets.