In the beginning, there were four financial instruments: a bank deposit, a bill of exchange, a bond, and an equity. Today, as a result of a steady stream of financial innovations, the market landscape is far less sparse—and far more complex. To help you maneuver smoothly and profitably within this crowded and much-evolved arena, Julian Walmsley's New Financial Instruments has been thoroughly revised and expanded to include complete coverage of all the new financial instruments available to market practitioners. New Financial Instruments, Second Edition offers a clear, practical perspective on the shifts and changes behind today's dizzying proliferation of market tools and techniques. Its in-depth examination of both international and domesticmarkets probes the nature, causes, and consequences of financial innovation, as well as the ins and outs, advantages and disadvantages of the myriad products engendered by change. New Financial Instruments, Second Edition is a...
