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Trading Strategies For Capital Markets : General Finance & Investing - Joseph Benning

Trading Strategies For Capital Markets

General Finance & Investing

Hardcover Published: 28th August 2007
ISBN: 9780071464963
Number Of Pages: 356

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In order to succeed in the capital markets, professional traders and investors must understand that markets aren't mathematical abstractions, but dynamic, real-time reflectors of the world we live in. You need to know how the capital markets work in practice, what the drivers are, how to recognize them, and how to develop and implement effective trading strategies.

Written by Joseph Benning, a Moody's Vice President and former Senior Economist at the Chicago Board of Trade, this vital financial resource provides examples of successful trading strategies, guidance on when and why to use them, and revealing discussions of trading psychology and risk management.

With his trademark lively and engaging style, Dr. Benning cuts through the complexities of the capital markets, making them accessible, practical, interesting, and easy to understand. He also organizes "Trading Strategies for Capital Markets" into three sections for maximum depth and clarity that cover The historical development of capital markets, the modern market, and drivers such as pricing, policy, and volatility Main instruments of capital markets, including debt, treasury and federal securities, corporate and municipal bonds, equity securities, hybrid securities, and options. This part also covers trading strategies such as Carry Trade, Tactical Yield Curve Trading, Treasury Basis, and Synthetic Yield Curve--and offers expert accounts of ETFs and equity indexes Insightful information on risk management, behavioral finance, trading psychology, and position risk

"Trading Strategies for Capital Markets" equips professional traders and investors with a complete, one-stop reference for all aspects of today's complex capital markets that includes winning trading strategies for taking advantage of current market realities.

Introductionp. 1
The Development of Modern Capital Markets
Mapping the Marketp. 7
The Politics of Financep. 15
Going Mobile: Globalization and the Bond Marketp. 41
Electronic Marketsp. 53
Are Markets Really Efficient, Mr. Markowitz?p. 73
What Drives the Market?p. 89
Instruments, Institutions, and Trading Strategies
Instruments of the Capital Marketsp. 115
Swaps and Listed Derivativesp. 141
Fed Funds: The Price of Policyp. 153
Government Bonds: A Toolboxp. 171
The Carry Tradep. 189
Tactical Trading and the Yield Curvep. 199
Strategy and the Yield Curvep. 221
Trading the Treasury Basisp. 239
Synthetics, Contract Rolls, and Intermarket Spreadsp. 273
The Credit Cyclep. 299
Trading Equities: An Overviewp. 309
Equity Instruments: Indexes and Exchange-Traded Fundsp. 333
Equity Index Futures, Basis Trading, and Market Timingp. 351
Market Psychology, Trading, and Risk Management Across Asset Classes
Pairs Tradingp. 377
Technical Analysisp. 391
Psychology and Markets: Behavioral Financep. 403
Breaking Up Is Easy to Do: Portable Alphap. 415
Managing Trading and Position Riskp. 425
Summary and Conclusionp. 447
Suggestions for Further Readingp. 457
Indexp. 459
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780071464963
ISBN-10: 0071464964
Series: General Finance & Investing
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 356
Published: 28th August 2007
Publisher: McGraw-Hill Education - Europe
Country of Publication: US
Dimensions (cm): 23.6 x 16.2  x 3.7
Weight (kg): 0.84
Edition Number: 1

Earn 248 Qantas Points
on this Book