How the Stock Markets Work has long been an established favourite for anyone who needs a straightforward, concise, accessible introduction to the stock markets, how they have developed and how they operate today.This new edition has been updated and revised throughout and includes seven completely new chapters:1. The role of the stock markets in world capitalism: a new introductory chapter looking at how the equity and bond markets have increased in power and influence since the collapse of the former Soviet Union, to become the spine of the new economic mantra: globalisation.2. The markets: the global traders - London, Frankfurt, New York, Tokyo and Asia; up and coming emerging markets; the high risk stock markets.3. Market movers and mavens: governments, fund managers, speculators, the analysts, chartists and the media.4.

Crime on the markets: open prisons for bad boys; the role of the FSA and the SEC5. Working in the markets: the range of jobs on offer, the qualifications and training needed plus pay and prospects6. Finding the facts: the press; tip sheets and newsletters; TV; the internet.7. The future: stakeholders or shareholders. Who are the stakeholders and what impact will they have on the stock markets?.