he Fundamentals of the
Securities Industry
INTRODUCTION
Today's investment markets can be daunting for anyone, but especially for those in the
early stages of financial careers. The Fundamentals of the Securities Industry removes the
guesswork, providing a broad-ranging introduction to how the securities industry works and
how its components interact. Concepts presented in the book build upon each other, helping
readers gain a fuller understanding of each element and financial instrument that is vital
to the securities industry.
A Comprehensive Introduction
and Indispensable Fingertip Reference to the Ways and Workings of the Securities Industry
Why would an investor choose
preferred stock over common stock? When a stock is sold "ex-dividend," what
happens when the dividend is paid? What exactly are rights and warrants?
Financial markets terms,
concepts, and procedures can be intimidating, especially when you're new to investing or
in the early stages of a financial career. Fundamentals of the Securities Industry is a
detailed introduction to how the securities industry works. From uses and risks of
different trading vehicles to advanced ways in which traders can augment profit potential
while hedging risks, it is today's most straightforward, plain-English guide to the
foundations and concepts of trading and investing.
Whether you are just
beginning your career in the financial services industry or are an experienced investor
looking for an easy-to-use reference, Fundamentals of the Securities Industry will provide
the solid base of knowledge and information you need to understand:
Common stocks, preferred
stocks, rights, and warrants % Corporate bonds, municipal bonds, and U.S. government
securities Interest payments and yield calculations Options-puts, calls, straddles,
spreads, and other strategies Types of orders-market, limit, and stop Advanced topics
including short sales and margin trading
228 pages