Foundations of Financial Markets and Institutions

by Frank J. Fabozzi, Franco G. Modigliani, Frank J. Jones

A comprehensive exploration of the world's financial markets and institutions. Introduction; Financial Institutions, Financial Intermediaries, and Asset Management Firms; Depository Institutions: Activities and Characteristics; The U.S. Federal Reserve and the Creation of Money; Monetary Policy in the United States; Insurance Companies; Investment Companies and Exchange-Traded Funds; Pension Funds; Properties and Pricing of Financial Assets; The Level and Structure of Interest Rates; The Term Structure of Interest Rates; Risk/Return and Asset Pricing Models; Primary Markets and the Underwriting of Securities; Secondary Markets; Treasury and Agency Securities Markets; Municipal Securities Markets; Markets for Common Stock: The Basic Characteristics; Markets for Common Stock: Structure and Organization; Markets for Corporate Senior Instruments: I; Markets for Corporate Senior Instruments: II; The Markets for Bank Obligations; The Residential Mortgage Market; Residential Mortgage-Backed Securities Market; Market for Commercial Mortgage Loans and Commercial Mortgage-Backed Securities; Market for Asset-Backed Securities; Financial Futures Markets; Options Markets; Pricing of Futures and Options Contracts; The Applications of Futures and Options Contracts; OTC Interest Rate Derivatives: Forward Rate Agreements, Swaps, Caps, and Floors; Market for Credit Risk Transfer Vehicles: Credit Derivatives and Collateralized Debt Obligations; The Market for Foreign Exchange and Risk Control Instruments MARKET "Foundations of Financial Markets and Institutions," offers a comprehensive exploration of the revolutionary developments occurring in the world's financial markets and institutions -i.e., innovation, globalization, and deregulation-with a focus on the actual practices of financial institutions, investors, and financial instruments.

Genres: Finance, Economics, Business, Textbooks, Nonfiction

695 pages, Hardcover

First published January 1, 1901

About the author

Frank J. Fabozzi is a Professor in the Practice of Finance and Becton Fellow in the Yale School of Management. He is well known as the author of numerous books on finance, both practitioner-focused and academic. Professor Frank J. Fabozzi will be joining Edhec Risk Institute on August 1, 2011. EDHEC-Risk Institute is part of EDHEC Business School, one of Europe’s leading business schools.

Reviews

[Anand · Rating 4 out of 5]

Excellent book for beginners. I have done Prof. Shiller's classes on Open yale .This book is an absolute add-on.

[Greg · Rating 4 out of 5]

This is a good overview of the way capital markets and the banking system works. It is a survey and does not go into depth on anything in particular. There is a slightly greater emphasis on bonds, which makes sense because Fabozzi is a bond guru.

[Sangam Agarwal · Rating 2 out of 5]

Not good, you can learn same thing by yourself by Google. The only benefit of reading it is everything at one place

[Chenxiaozi]

good

[Mario]

Amazing.