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New book published

posted Nov 23, 2018, 1:36 AM by Graz FinanceResearch   [ updated Nov 27, 2018, 11:45 AM by Stefan Palan ]
FiRe members Alexander Brauneis and Roland Mestel recently published the second edition of their book “Finanzmarktinstrumente” (link). The book provides a non-technical introduction into the functioning, use and valuation of a broad range of financial market instruments: fixed income securities, FX, stocks, derivatives, structured products and (new in this edition) cryptocurrencies. The authors also pay particular attention to the risks associated with these instruments. The book is designed as a reference book for financial professionals and can also be used as a textbook in introductory finance courses.