An Introduction to International Capital Markets: Products, Strategies, Participants

Fully revised and updated from the hugely popular first edition, this book is an accessible and convenient one-volume introductionto international capital markets, ideal for those entering orplanning to enter investment banking or asset management. As wellas serving as an invaluable reference tool for professionalsalready working in the industry looking to extend their knowledgebase it will also benefit all those working in trading, sales andsupport roles.

Describing how the key products and markets work, who theprinciple participants are and their overall goals and objectives, Andrew Chisholm provides a thorough overview of the global capitalmarkets. The book covers a wide range of equity, debt, foreignexchange and credit instruments as well as the principal derivativeproducts. In a step-by-step fashion, making extensive use of realworld cases and examples, it explains money markets, foreignexchange, bond markets, cash equity markets, equity valuationtechniques, swaps, forwards, futures, credit derivatives, options, option risk management and convertible bonds. An extensive glossaryalso explains concisely many of the 'jargon'expressions used in the financial markets.

Boasting an international focus, examples are drawn from majorinternational markets around the world. It makes extensive use ofnumerical examples and case studies to help explain a wide range ofcash and derivative products used in the capital markets business.It covers both debt and equity products and includes new materialon credit products such as collateralized debt obligations andcredit derivative structures
equity fundamental analysis, portfolio theory and convertible bonds. Market data has been fullyupdated from the first edition and recent events such as the'credit crisis' are discussed.