An Introduction to Global Financial Markets

by Stephen Valdez, Philip Molyneux

An Introduction to Global Financial Markets describes the financial world in clear, easy to understand terms. The authors provide comprehensive coverage of commercial and investment banking, foreign exchange, money and bond markets, stock markets and derivatives and an up to date analysis of the global financial crisis.

Key

• A new chapter on the global financial crisis and banking regulation
• Updated coverage of investment banking, hedge funds and private equity
• Details of controversial new market credit default stops and collateralised mortgage obligations
• Expanded coverage of emerging markets, including Brazil, Russia, India and China
• New companion website featuring PPT slides, interactive revision questions, case studies and exercises, bonus chapters and analytical content

An Introduction to Global Financial Markets is recommended for students studying finance and financial institutions, practitioners, and those who require an understanding of the global financial system. Companion

Genres: Finance, Business, Economics, Nonfiction

432 pages, Paperback

First published January 31, 1997

Reviews

[Adrian]

An Introduction to Global Financial Markets is an essential read for Economics students, economics enthusiasts, or anyone who wishes to plug remaining gaps in their financial knowledge.
Coming from the multi-layered academic discipline of International Relations, I became increasingly aware of how important finance and economics figures into this, but with the many different areas to my study, I felt that the ground I had covered on the global economy was far from adequate. Furthermore, as a reader of The Economist and Financial Times, I am humbling enough to admit that I frequently encountered terms and procedures that I did not quite understand.
Global Financial Markets has more than plugged those gaps. Within this huge volume is contained every item you need to understand, from the bond markets, equity, derivatives, forex, and some other phenomena on the world scene, such as European Unity and the rise of China and India.
This is not a book to be read lightly, it is one which one should bookmark, take notes, or if using Kindle, make good use of the highlighting facility.
To be concise, an economics book that is not lacking in the slightest, and essential reading for Economics or Finance Undergrads, or anyone outside of the discipline who wishes to plug the gaps in their knowledge. After this book, there will be few gaps left to plug.

[Richard Kemp]

A great introductory text covering a wide array of financial products and their associated jargon. The diagrams leave a bit to be desired but the associated text is sufficiently well-written that diagrams are almost always superfluous anyway. The tone was pitched just right for me: someone who knew next to nothing about the topics concerned but still wanted them explained in a reasonable depth.

It's pretty dry throughout and not an especially enjoyable read, even for (what is essentially) a textbook, but I still didn't find it boring or difficult to progress through. I would definitely recommend it and will probably return to it in a few months just to re-read the excellent chapter summaries.

[Ashley]

For Advanced Financial Systems class. A good intro read (though slanted to the UK way of doing things). The chapters on the financial crisis were superb.

[Vashis Bundhoo]

good

[Mircea]

Good read for a starter in finance