Book description
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.
ANDREW M. CHISHOLM has designed, developed and
taught programmes in derivatives and finance since 1984. In that time
he has worked with many of the largest financial institutions around
the world, teaching corporate financiers, traders, sales and marketing
staff, risk managers, analysts, fund managers, operations and
technology professionals. He has worked extensively on seminars at
senior management level as well as training programmes designed to
introduce new graduate and MBA entrants to the securities industry. He
was formerly Head of Professional Development for Europe at JP Morgan
and is author of Derivatives Demystified published by John
Wiley and Sons in 2004.
