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Understanding South African Financial Markets (Paperback, 3rd Revised edition)
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Understanding South African Financial Markets (Paperback, 3rd Revised edition)
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The South African financial markets comprise a range of activities,
participants and instruments. Conceptually, they are concerned with
two principal sets of activities: the transfer and trading of money
or other financial claims, and the transfer and trading of risk.
Understanding South African financial markets provides a framework
for classifying and analysing these markets within the context of a
modern capitalist system. This title gives an overview of the
operation of various institutions in the South African financial
system, as well as of the different financial markets in the South
African economy and the instruments traded in those markets. Topics
covered include the role of the South African Reserve Bank,
technical features associated with the money market, and corporate
governance and risk management. Each chapter opens with study
objectives and jargon is explained in lay terms. Relevant
international and local market practices and norms are applied.
General
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