Financial Markets and Institutions

Author: He Lifen
Publisher:
Publish Date: 2005-01-28
Features: This book starts by discussing the capital flows in financial markets, the determination of interest rates, and the structure of interest rates, systematically elaborating on the entire operation of financial markets. It not only comprehensively introduces the debt securities market, equity securities market, and derivative securities market but also deeply analyzes the valuation and risk of various financial instruments and derivative instruments. The book also emphasizes the utilization of financial institutions in various financial markets and their roles played in the financial markets. This book is suitable as a textbook for undergraduate and graduate students, as well as MBA students, taking courses in "Financial Markets" or "Financial Markets and Institutions" in finance, economics, and business administration. For researchers and practitioners in the financial industry, this book is also a valuable professional reference.