Markets and Dealers: The Economics of the London Financial Markets
David P. Cobham
Longman, Jan 1, 1992 - Business & Economics - 190 pages
This book provides an analysis of the organized financial markets of the City of London. It does this with a mix of analytical and descriptive material and a distinctive emphasis on microstructural issues, that is on the mechanisms by which trading is organized and on the roles which different market participants perform.
What people are saying - Write a review
We haven't found any reviews in the usual places.
The equity market David Cobham
The sterling bond market Richard Harrington
Futures and options James Leslie and Geoffrey Wyatt
4 other sections not shown
activity assets auction average Bank of England Big Bang bond market borrowers brokers cash CBoT clients companies competition costs counterparty David Cobham dealers deals derivative discount houses dollar domestic economic England Quarterly Bulletin equity market eurobond market eurodollar European financial centre financial futures financial markets foreign forex funds futures and options futures contract Futures Exchange GEMMs gilt-edged government bonds institutional investors interbank interest rate swap intermediaries international bond international financial investment issuance issuers issues LIFFE LIFFE's liquidity London Stock Exchange market liquidity market makers MATIF maturity million minimum money market NASDAQ offer operations option contract organised outstanding overseas payments position profitability purchase Quality of Markets quotes recent regulation requirements risk role SEAQ secondary market sector sell settlement share spread sterling bond Stock Exchange Quarterly stock market structure swap market T-bond Table trading transactions Treasury bills turnover