An Introduction to Global Financial Markets describes the financial world in clear easy to understand terms. The authors provide comprehensive coverage of commercial & investment banking foreign exchange money & bond markets stock markets & derivatives & an up to date analysis of the global financial crisis. Key benefits: * A new chapter on the global financial crisis & banking regulation * Updated coverage of investment banking hedge funds & private equity * Details of controversial new market instruments: credit default stops & collateralised mortgage obligations * Expanded coverage of emerging markets including Brazil Russia India & China * New companion website featuring PPT slides interactive revision questions case studies & exercises bonus chapters & analytical content An Introduction to Global Financial Markets is recommended for students studying finance & financial institutions practitioners & those who require an understanding of the global financial system.