How the Stock Markets Work is the market-leading text for anyone who needs a straightforward, authoritative and comprehensive introduction to the stock markets, how they have developed and how they operate today. This new edition includes seven entirely new chapters and has been updated and revised throughout.The new chapters cover: The role of the stock markets in world capitalism : 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. The markets : the global traders - London, Frankfurt, New York, Tokyo and Asia; up and coming emerging markets; the high risk stock markets. Market movers and mavens : governments, fund managers, speculators, the analysts, chartists and the media. Crime on the markets : open prisons for bad boys; the role of the FSA and the SEC Working in the markets : the range of jobs on offer, the qualifications and training needed plus pay and prospects Finding the facts : the press; tip sheets and newsletters; TV; the internet. The future : stakeholders or shareholders.Who are the stakeholders and what impact will they have on the stock markets? How the Stock Markets Work is essential reading for both professional and non-professional investors.

Colin Chapman is a leading financial writer and broadcaster. He was formerly chief executive of Financial Times Television and comments regularly on the stock markets on international television.