Financial Institutions and Markets focuses on the operation of Australia’s financial system. This text examines the financial system’s three main functions: settlement, flow-of-funds and risk transfer.

The book provides a comprehensive and easily understood integrated account of the activities of Australia’s financial institutions and markets – and their instruments – including the major capital and foreign exchange markets, and the markets for derivatives.

This book is fully updated post - GFC to include coverage of issues such as Bitcoin, Atlassian and Brexit.

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