How the stock markets work - Colin Chapman

This sixth edition of an established 'City classic' includes four new chapters, on the emerging markets, the impact of the Internet and World Wide Web, the 'end of paper' and global privatisation, as well as being substantially revised and updated throughout. How The Stockmarkets Work provides a highly readable and comprehensible account of today's global money village: the development and operations of all the major stock markets around the world. It examines the sweeping changes brought about by regulation and recent developments in information technology, and describes who the sharebuyers are and how the process works for both major institutions and small investors.