Fundamentals of Financial Instruments. Sunil K. Parameswaran
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Название: Fundamentals of Financial Instruments
Автор: Sunil K. Parameswaran
Издательство: John Wiley & Sons Limited
Жанр: Ценные бумаги, инвестиции
isbn: 9781119816638
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Fundamentals of Financial Instruments
An Introduction to Stocks, Bonds, Foreign Exchange, and Derivatives
SUNIL PARAMESWARAN
Second Edition
Copyright © 2022 by John Wiley & Sons Singapore Pte. Ltd.
Published by John Wiley & Sons Singapore Pte. Ltd.
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Edition History John Wiley & Sons Singapore Pte. Ltd. (1e, 2011)
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Library of Congress Cataloging-in-Publication Data is Available:
9781119816614 (Hardback)
9781119816645 (ePDF)
9781119816638 (ePub)
Cover Design: Wiley
Cover Image: © naqiewei/Getty Images
Author photo: Courtesy of Sunil Parameswaran
To my students in India, Australia, Singapore, and the United States over the past 30 years.
Preface
Readers the world over have appreciated the first edition of this book, which appeared over a decade ago. Some people pointed out that I should include more material on financial institutions and the key features of the markets in which financial products trade.
Consequently, I have included a detailed chapter on mutual funds, pension funds, and exchange-traded funds. There is also a new chapter on orders and exchanges, which deals with continuous markets in detail, with a brief focus on call markets as well. Macroeconomic issues are key for understanding financial markets, and hence there is a new chapter on such issues. The chapter is by no means exhaustive, and people wishing to acquire a more detailed perspective would have to look for an economics text.
Interest rate derivatives are perhaps the hardest product to explain in futures and options. Consequently, while the book continues to have three separate chapters on futures, options, and swaps, I have opted to include a chapter on interest rate derivatives and on financial products with such derivatives built in, such as callable bonds and СКАЧАТЬ