Global capital markets

Author: McGee
Publisher:
Publish Date: 2002-07-01
Features: This book is a rare and powerful work in recent years that analyzes the operation of increasingly important and ever-changing capital markets from a global perspective. Upon its release, it was chosen as a textbook by financial professionals in developed countries such as Europe and America, as well as MBA students and upper-level undergraduates. Its unique aspects: , the book provides a comprehensive overview of the structure of financial markets and various product types, delves into important theoretical issues related to financial markets, such as pricing, transaction costs, regulation, and risk, and discusses four of the most common and significant types of financial products—stocks, bonds, foreign exchange, and derivatives—in considerable detail. Especially noteworthy is its in-depth description of financial futures, options, and arbitrage, offering readers a rare perspective. Second, it strives to integrate various financial products, seeking definitions and principles that can encompass and apply to all types of financial products, allowing readers to grasp the overall characteristics of different financial products at a deeper level. Third, the author consistently adopts a global perspective to describe various financial products and transactions, providing distinctive experiences and case studies from different countries in terms of financial structure and operations, guiding readers to conduct comparative and analytical research on an international scale. The author is both a professor engaged in financial research and a financial analyst with practical experience in the field. His extensive teaching and travel experiences in various countries give his arguments a broader regional significance and a solid foundation of expertise. Each chapter of the book highlights key points, interspersed with numerous cases, discussion questions, and relevant internet URLs, offering readers a valuable pathway to grasp the essence of global capital market operations.