This book provides a comprehensive introduction to the global capital markets, explaining the key instruments used in the markets and their practical applications. Containing numerous illustrations and examples it explains how each product or instrument is structured, how it is used in practice, what the principle risks are and how these are monitored and controlled. An Introduction to Capital Markets is an ideal resource for those wanting to understand how the global capital markets operate.

Fully revised and updated from the hugely popular first edition, this book is an accessible and convenient one-volume introduction to international capital markets, ideal for those entering or planning to enter investment banking or asset management. As well as serving as an invaluable reference tool for professionals already working in the industry looking to extend their knowledge base it will also benefit all those working in trading, sales and support roles. Describing how the key products and markets work, who the principle participants are and their overall goals and objectives, Andrew Chisholm provides a thorough overview of the global capital markets. The book covers a wide range of equity, debt, foreign exchange and credit instruments as well as the principal derivative products. In a step-by-step fashion, making extensive use of real world cases and examples, it explains money markets, foreign exchange, bond markets, cash equity markets, equity valuation techniques, swaps, forwards, futures, credit derivatives, options, option risk management and convertible bonds. An extensive glossary also explains concisely many of the ‘jargon’ expressions used in the financial markets. Boasting an international focus, examples are drawn from major international markets around the world. It makes extensive use of numerical examples and case studies to help explain a wide range of cash and derivative products used in the capital markets business. It covers both debt and equity products and includes new material on credit products such as collateralized debt obligations and credit derivative structures; equity fundamental analysis, portfolio theory and convertible bonds. Market data has been fully updated from the first edition and recent events such as the ‘credit crisis’ are discussed.

Islamic Capital Markets: A Comparative Approach (2nd Edition) looks at the similarities and differences between Islamic capital markets and conventional capital markets. The book explains each topic from both the conventional and the Islamic perspective, offering a full understanding of Islamic capital markets, processes, and instruments. In addition to a full explanation of Islamic products, the book also ensures a holistic understanding of the dual markets within which Islamic capital markets operate.Ideal for both students and current practitioners, the second edition of the highly successful Islamic Capital Markets: A Comparative Approach fills a large gap in the current literature on the subject, featuring case studies from Malaysia, Indonesia, Europe, and the Middle East. One of the few comprehensive, dedicated guides to the subject available, the book offers comprehensive and in-depth insights on the topic of Islamic finance for students and professionals alike.

The definitive guide to capital markets regulatory compliance Governance, Compliance, and Supervision in the Capital Markets demystifies the regulatory environment, providing a practical, flexible roadmap for compliance. Banks and financial services firms are under heavy regulatory scrutiny, and must implement comprehensive controls to comply with new rules that are changing the way they conduct business. This book provides a way forward, with clear, actionable guidance that strengthens governance at all levels, and balances supervisory and compliance requirements with the need to do business. From regulatory schemes to individual roles and responsibilities, this invaluable guide details the most pressing issues in today's financial services organizations, and provides expert advice. The ancillary website provides additional tools and guidance, including checklists, required reading, and sample exercises that help strengthen understanding and ease real-world implementation. Providing both a broad overview of governance, compliance, and supervision, as well as detailed guidance on application, this book presents a solid framework for firms seeking a practical approach to meeting the new requirements. Understand the importance of governance and "Tone at the Top" Distinguish the roles of compliance and supervision within a financial services organization Delve into the regulatory scheme applicable to broker dealers, banks, and investment advisors Examine the risks and consequences of inadequate supervision at the organizational or individual level The capital markets regulatory environment is complex and ever-evolving, yet compliance is mandatory. A solid understanding of regulatory structure is critical, but must also be accompanied by a practical strategy for effective implementation. Governance, Compliance, and Supervision in the Capital Markets provides both, enabling today's banks and financial services firms to get back on track and get back to business.

The current framework of EU regulation concerning capital markets is complex and partly inconsistent in the way that it is applied in the various Member States. Through the Capital Markets Union (CMU) project the European Union is pursuing the goal of establishing a true single market for capital in Europe. Regulating EU Capital Markets Union: Fundamentals of a European Code is the first of a two-volume series proposing the codification of EU legislature as a way to establish this goal. This book analyses all existing capital markets regulation. It explains the idea of codification, looks at the added value of a European Capital Markets Code, discusses key concepts of the current regimes and elaborates on the goals of the future codification act. The work explores the idea that the provisions spread over numerous rulebooks should be brought together in a single legal act in the form of a regulation and organized in a systematic way to reduce complexity thereby facilitating accessibility of capital markets law. Drawing on the experience of academics from various European countries, this volume discusses possible contents of a European Capital Markets Code, addresses approaches to regulatory reforms and explores the role of private enforcement.

Financial development and improvement of a nation relies on a well sew monetary framework. A monetary framework contains, a bunch of subframeworks of monetary organizations, monetary business sectors, monetary instruments and monetary administrations which help in line of capital by changing the reserve funds of the people into ventures. Monetary framework is said to assume a huge part in the monetary development of a nation by assembling the excess supports lying inactive with the little savers and channelizing them into useful roads which would generally speaking increment the economic growth of the country. The presence of a productive monetary framework works with financial exercises and development. The development of the monetary construction is a precondition to financial development. At the end of the day, monetary business sectors, monetary foundations and monetary instruments are the central players of monetary development. Clearly monetary arrangement of a nation redirects stream of assets towards additional useful purposes and it helps expansion in the public result. A modern monetary framework makes monetary capacities least exorbitant and generally beneficial, consequently empowering quicker monetary development. Hence the financial development of any nation is reliant upon its monetary framework. The fundamental reason for this exploration work is to concentrate on the different pieces of the monetary arrangement of our nation and their commitment in the country's financial development. The work endeavors to dissect the significance of each and all aspects of the monetary framework. not just in that frame of mind of the monetary framework yet in addition with regards to the monetary development of the country. The investigation of the monetary framework has likewise been finished by considering the different guidelines forced in the protections market for its legitimate working. The concerned work has been done to introduce a valid and fair image of the monetary framework existing in the country along with basic assessment of the control forced on them. This groundwork study is constructed on the Securities and Exchange Board of India (SEBI), on its role and activities in the providing security to capitalists in the Indian Capital Market. This study basically focuses or ponders over on capital issues – shares and debentures and capital transfers in the Securities Markets. Securities market is the market for shares and bonds of the company based on the securities. Securities market is the market for the institutes that are commonly transferrable by the sales. The focus is mainly on the protection of the investors. In goodness to attain the investors’ security aspect, the groundwork research looks at Corporate Governance and risk management activities hoisted out by SEBI in the Capital Market. The main aim of this research is to find answer to the question that “there are very few laws for the protection of investors and the capital market and there is very less awareness regarding the same due to which less security is being provided in the society. In order to protect the market and the investors what Role is SEBI playing as it is the regulatory body to manage the securities in the capital market” This book also focuses to quote certain recent examples of scams and crimes and to what an extent was SEBI sufficient in providing justice and security in the capital market to the investors, promoters and money lenders also to the companies and market as a whole. In reaching to certain recent examples there is an approach of doctrinal as well as empirical research i.e., reading of documents as well as enquire from certain random people nearby to check the awareness about SEBI and their powers to protect the investors. The main method for the data collection of research would be through way of interview and the discussion among people in society. Under this there would be research over various journals and the articles to get the better view over the concept of role of SEBI. In this research work there were also be mention of certain cases as well to get the better understanding of the concept.

This book explores the pressing topic of dark trading. Following new EU legislation regulating financial markets (MiFID II and MiFIR), it traces the development of off-market securities trading (“dark trading”), analyzes economic studies of this development, and positions the resulting regulatory framework of the EU over against that of the US. The study closes with proposals for reform that provide new impetus for further academic discussion.

A comprehensive text on financial market operations management Financial Market Operations Management offers anyone involved with administering, maintaining, and improving the IT systems within financial institutions a comprehensive text that covers all the essential information for managing operations. Written by Keith Dickinson—an expert on the topic—the book is comprehensive, practical, and covers the five essential areas of operations and management including participation and infrastructure, trade life cycle, asset servicing, technology, and the regulatory environment. This comprehensive guide also covers the limitations and boundaries of operational systems and focuses on their interaction with external parties including clients, counterparties, exchanges, and more. This essential resource reviews the key aspects of operations management in detail, including an examination of the entire trade life cycle, new issue distribution of bonds and equities, securities financing, as well as corporate actions, accounting, and reconciliations. The author highlights specific operational processes and challenges and includes vital formulae, spreadsheet applications, and exhibits. Offers a comprehensive resource for operational staff in financial services Covers the key aspects of operations management Highlights operational processes and challenges Includes an instructors manual, a test bank, and a solution manual This vital resource contains the information, processes, and illustrative examples needed for a clear understanding of financial market operations.