Financial Markets and Financial Institutions Economics and Financial Management Textbook

Author: Cao Fengqi
Publisher:
Publish Date: 2002-02-01
Features: This book is the first "Financial Markets and Institutions" textbook in China. The main content of the book includes:
1. Financial Markets. It covers primary markets, secondary markets, stock markets (including second-tier markets), money markets, government securities markets, corporate bond markets, municipal bond markets, mortgage markets, and other sub-markets of various financial instruments. It also includes derivative product markets such as futures, options, swaps, and caps and floors.
2. Financial Institutions. It includes depository institutions such as commercial banks and non-depository institutions such as investment funds and investment banks.
3. Prices in Financial Markets. It covers the risk and term structure of interest rates, the determination of exchange rates, and the pricing of securities.
4. Central Banks. It includes central banks, monetary policy, bank regulation, and the creation of money.
The feature of this book is that it not only grasps the new developments of modern Western financial institutions and markets but also closely combines with the actual situation of China, describing and analyzing the historical changes and practical issues in the corresponding fields. It provides both a framework introduction to basic theories and market operations, as well as an in-depth discussion of hot issues in China's financial markets and institutions.
This book is a textbook for undergraduate students of finance and MBA students specializing in finance. It is also suitable for practical workers in financial and securities departments and anyone interested in the fields of financial markets and institutions in China and the West.