Product Description

The definitive guide to why different financial markets exist and how they operate. Extensively revised and updated, the 4th edition of this best-selling book, brings the reader right up to speed with the latest developments in financial instruments and provides a clear and incisive guide to this complex world that even those who work in it often find hard to understand. With chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, it looks at why these markets exist, how they work and who trades in them, and it gives a run-down of the factors that affect prices and rates. Business history is littered with disasters that occurred because people involved their firms in financial markets they didn't properly understand. Read this book and you and your company won't be new additions to this list. A fabulous source of reference for anyone wishing to understand financial markets - there is no better guide.

Product Details

• Amazon Sales Rank: #45089 in Books
• Published on: 2006-02-10
• Original language: English
• Binding: Hardcover
• 256 pages

Review
Fund Manager - 'a useful reference source for all those involved in the industry' and 'Financial journalists, investment advisers and fund managers could all find Levinson's guide extremely useful' The Business Economist (Society of Business Economists' Journal) -'covers the breadth of products and markets admirably. Will provide the relative newcomer to financial markets with a good overview of this extremely complex subject area.'

Fund Manager
‘a useful reference source for all those involved in the industry’

About the Author
Marc Levinson is a former finance editor of The Economist and has published widely, in journals such as Harvard Business Review and Foreign Affairs.

Customer Reviews

Superb Introduction to the Current Financial Markets
Guide to Financial, by Marc Levinson (former Finance Editor of the Economist) is an excellent introduction to the financial markets. Levinson provides a practical, concise, readable examination of the topic, which is useful for the novice financier. I would highly recommend this book for finance or economics graduates, wishing to pursue a career in finance/banking. It will arm you with very useful finance knowledge you won’t have gained in the classroom. The book examines the where, when, why, what and how of bond, money, foreign exchange, equity, financial futures, commodities, securitisation, options and derivatives markets.

Great overview
This book provides a great overview of the workings of the financial markets. It is accessible to beginners on the subject, while still providing quite a bit of detail. Ideal for anyone who wants a "snapshot" of today's financial markets!

Excellent overview of financial markets!
definitely recommended. Gives a clear and comprehensive overview of financial markets and products - nicely written rather being full of formulas... so explains concepts very well. Good buy!