Financial Institutions and Markets [Paperback]

Financial Institutions and Markets focuses on Australia’s financial system. Thoroughly updated, this seventh edition retains the structure of the successful sixth edition, examining the financial system’s three main functions – settlement, flow-of-funds and risk transfer. The book provides a comprehensive and comprehensible integrated account of the activities of Australia’s financial institutions and markets – and their instruments – including the major capital and foreign exchange markets, and the markets for derivatives.