An Introduction to International Capital Markets, 2e

TRAMA

Fully revised and updated from the hugely popular first edition, this book is an accessible and convenient one-volume introduction to international capital markets, ideal for those entering or planning to enter investment banking or asset management. As well as serving as an invaluable reference tool for professionals already working in the industry looking to extend their knowledge base it will also benefit all those working in trading, sales and support roles. Describing how the key products and markets work, who the principle participants are and their overall goals and objectives, Andrew Chisholm provides a thorough overview of the global capital markets. The book covers a wide range of equity, debt, foreign exchange and credit instruments as well as the principal derivative products. In a step-by-step fashion, making extensive use of real world cases and examples, it explains money markets, foreign exchange, bond markets, cash equity markets, equity valuation techniques, swaps, forwards, futures, credit derivatives, options, option risk management and convertible bonds. An extensive glossary also explains concisely many of the 'jargon' expressions used in the financial markets. Boasting an international focus, examples are drawn from major international markets around the world. It makes extensive use of numerical examples and case studies to help explain a wide range of cash and derivative products used in the capital markets business. It covers both debt and equity products and includes new material on credit products such as collateralized debt obligations and credit derivative structures; equity fundamental analysis, portfolio theory and convertible bonds. Market data has been fully updated from the first edition and recent events such as the 'credit crisis' are discussed.

NOTE EDITORE

This book provides an accessible and comprehensive one-volume introduction to capital 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 derivative products. In a step-by-step fashion, making extensive use of real-world cases and 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 and Risks Option Strategies Currency and Interest Rate Options Credit Derivatives Glossary of Financial Terms Useful Internet Sites Further Reading

ALTRE INFORMAZIONI

• Condizione: Nuovo
• ISBN: 9780470758984
• Collana: WILEY FINANCE
• Dimensioni: 244 x 25 x 170 mm Ø 826 gr
• Formato: Copertina rigida
• Pagine Arabe: 448