Economist series.

Includes index

Why markets matter -- Foreign-exchange markets -- Money markets -- Bond markets -- Securitisation -- International fixed-income markets -- Equity markets -- Futures and options markets -- Derivatives markets

Recent market turbulence makes it clear just how important it is to understand the key markets. This is the definitive guide to why different markets exist, how they operate, and how they are interrelated. Extensively revised and updated, this new edition brings the reader up to date with the latest developments in financial instruments and provides a clear and incisive guide to this increasingly complex world