Introduction
When we think of the financial markets, the first thing that comes to mind is a frenzy of young guys in multi-coloured jackets shouting and waving hands simultaneously on the Exchange floor. That is a typical working day of any Stock Exchange worldwide that is still open to ‘Open Outcry’ trading. But this is just the ‘tip of an iceberg’ and much more ‘action’ takes place daily behind closed doors, using computer screens and over the phone.
In the following chapters we will get the chance to enter this mystical world and see how it really operates and the driving forces behind it.
This book is structured in five distinctive sections:
Part 1 – Structures
Part 2 – Money markets and capital markets instruments
Part 3 – Financial derivatives ...
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