Includes bibliographical references and index.

Pt. 1. Introduction --
1. The debt merry-go-round --
Pt. 2. Banking --
2. Banking background --
3. The role of the central bank --
4. Commercial banking --
5. Investment banking --
6. Regulation --
Pt. 3. Securities Markets --
7. The money and bond markets --
8. Stock exchanges --
9. Hedge funds and private equity --
10. Financial crisis --
Pt. 4. Foreign Exchange and European Economic and Monetary Union --
11. Foreign exchange --
12. European Economic and Monetary Union --
Pt. 5. Derivative Products --
13. Traded options.
14. Financial futures --
15. Other derivative products --
Pt. 6. Emerging Growth-leading Economies (EAGLEs) --
16. Emerging Growth-leading Economies (EAGLEs) --
Pt. 7. Trends in the Global Financial Markets --
17. Key trends.

An Introduction to Global Financial Markets describes the financial sector in clear, easy to understand terms, providing a broad and balanced introduction to financial market across the world. In the constantly fluctuating state of modern world finance, the book provides comprehensive, up-to-date coverage of commercial and investment banking, foreign exchange, money and bond markets, stock markets and derivatives products. It is the ideal text for those who require a basic understanding or who are new to, the world of finance.
This new edition includes updated coverage of the financial crisis and its context; the European sovereign debt crisis and the impact on the euro; monetary policy and quantitative easing; a new chapter on regulation and the markets; coverage of social, ethical, environmental and trust issues.