Financial Institutions and Markets

Financial Institutions and Markets focuses on AustraliaÕs financial system. Thoroughly updated, this seventh edition retains the structure of the successful sixth edition, examining the financial systemÕs three main functions Ð settlement, flow-of-funds and risk transfer. The book provides a comprehensive and comprehensible integrated account of the activities of AustraliaÕs financial institutions and markets Ð and their instruments Ð including the major capital and foreign exchange markets, and the markets for derivatives.