Investment banks and banking are financial institutions and practices that assist corporations and governments in raising capital, underwriting debt and financial risks, and enabling mergers and acquisitions. Securities are the fundamental tools and products of investment banking. They can be broadly categorized into debt - including banknotes, bonds and debentures, equity - such as common stocks, and derivative financial instruments that range from options and swaps to very complex and risky trading strategies. It is a multi-billion dollar business based on sophisticated financial models and pricing techniques. Mastering Investment Banking Securities is a comprehensive guide to these trading instruments, their trading practices, pricing techniques and associated risks. It includes: An introduction to investment bank structures, divisions and their roles. All commonly traded money market and capital market instruments. The most popular interest rate, equity, commodity and credit- linked financial instruments. A wide range of derivative securities. Details of pricing and valuation tools and the key pricing techniques. The fundamentals of credit risk and market risk. A glossary of key terms.
- Publication Date:
- 29 / 03 / 2011