Capital Markets, 1e provides coverage of global financial markets and institutions, with a focus on globalization, deregulation & consolidation, and technology. The book is distinguished by its focused coverage of global markets, greater coverage of securities markets, and emphasis on modern topics and market practice. It is also unique in its inclusion of an entire section on Global Financial Centers, including chapters on Euromarkets, European Economic and Monetary Union, Japanese Capital Markets, Asian and Russian Markets, and Latin American Markets INDICE PART I. INTRODUCTION TO CAPITAL MARKETS. 1. Global Capital Markets. 2. Central Banking and Capital. Markets. PART II. MAJOR FINANCIAL INSTITUTIONS. 3. Commercial Banks. 4. Investment Banks. 5. Investment Companies. 6. Brokerage and Clearing Companies. 7. Insurance Companies. PART III. MAJOR CAPITAL MARKETS. 8. Government Securities Markets. 9. Municipal Bond Markets. 10. Corporate Debt Markets. 11. Stock Markets. 12. Depository Receipt Markets. 13. Mortgage- and Asset- Backed Securities Markets. 14. Financial Derivative Markets. 15. Foreign Exchange Markets. PART IV. INTERNATIONAL FINANCIAL CENTERS. 16. The Euromarket. 17. European Economic and Monetary Union. 18. Japanese Capital Markets. 19. Emerging Financial Markets. 20. Asian and Russian Markets. 21. Latin American Markets.