Financial Institutions Instruments And Markets

This text offers a perspective that centres on the function, pricing and institutional structure of the financial markets. It focuses on these areas because financial markets, instruments and institutions underwent substantial change in the 1990s. The authors cover the wide range of financial instruments and the structure of financial markets and institutions, issues not addressed by traditional Money and Banking books. The book also includes valuation and pricing methodologies, issues avoided by lower level Money and Capital Markets books.