Description

Succeeding in the financial markets requires a mastery of many disciplines. Mastery begins with understanding the actors, rules, and dynamics, and the ways in which they interact. This volume, the last of a 4-volume series, presents a broad perspective on key subjects such as regulation and compliance, risk and ways to mitigate it, and the directions in which trading markets might evolve. Like its predecessors, it presents alternative versions of the future: will the sell side or buy side come to dominate, for example, and how might new technologies shape global markets? Mastery of the financial markets begins with its authoritative, heavily illustrated presentation.

Key Features

  • Presents a high-level view of global financial markets, including institutions, instruments, and dynamic interactions  
  • Describes the assumptions and expectations of market participants
  • Heavily illustrated so readers can easily understand advanced materials

 

 

Readership

Pre-professionals and young professionals who seek a broad introduction to all elements of global financial markets. 

Table of Contents

Preface for the Set

Preface

Overview

Visual Glossary

Future

PART 1. Global Markets

Introduction

1. Geography

Regional Structure

2. Instruments

Primary Instruments

Secondary Instruments

3. Entities

Buy-Side Entities

Sell-Side Entities

Trading Venues

4. Trading Practices

Buy-side Trading Practices

Sell-Side Trading Practices

5. Issues

Centralization versus Decentralization

Electronic Trading

Latency

Related Information in Other Books

PART 2. Risk

Introduction

1. Type of Loss

Instrument Loss

Position or Portfolio Loss

Department or Division Loss

Firm Loss

Support Entity Loss

National Market Loss

Global Market Loss

2. Kinds of Risk

Business Risk

Environmental, Societal, and Governmental Risk

Financial Risk

Market Risk

Operational Risk

Credit Risk

Liquidity Risk

Counterparty Risk

Regulatory Risk

Systemic Risk

Other Definitions of Risk

3. Causes of Risk

Prices

Fat Tails

Theft

Hubris

Greed and Ego

Ignorance

Wishful Thinking

Lax Controls

Wesons

4. Risk Mitigation

Risk Warnings

Protection

5. Organization of Risk

6. Regulatory Actions

The Group of Thirty

Basel I, II, and III

Dodd-Frank

Prudential Regulations

7. Issues of Risk

Related Information in Other Books

PART 3. Compliance

Introduction

1. Types

Regulatory Types

Financial Types

Operational Types

Customer Types

Contractual Types

2. Support and Organization

Support

Organization

Related Information in Other Books

PART 4. Regulation

Introduction

1. Span of Regulatio

Details

No. of pages:
472
Language:
English
Copyright:
© 2012
Published:
Imprint:
Academic Press
eBook ISBN:
9780080951164
Print ISBN:
9780123748379

About the author

R. Tee Williams

R. "Tee" Williams is an expert on market data operations and strategy.

Affiliations and Expertise

R. "Tee" Williams is a well-known consultant and Principal of Tee Williams Associates. Tee has built industry recognition as an expert on market data operations and strategy.