Securities and Stock Exchanges: A Global Perspective is your essential guide to understanding the world of capital markets - from the very basics to the inner workings of three of the world's most powerful financial markets.
Whether you are a student stepping into the world of finance for the first time, a professional looking for a structured reference, or simply someone curious about how stock markets work but unsure where to begin, this book is written for you.
It starts with a comprehensive glossary of over 100 key terms - from stocks, bonds, and derivatives to hedge funds, circuit breakers, and yield to maturity - giving you the vocabulary you need to read, understand, and confidently navigate financial news, reports, and regulations.
The book then takes you on a detailed journey through three major stock exchanges of the world. You will explore the Indian stock market, one of Asia's oldest, tracing its evolution from Dalal Street in the 1850s to a modern marketplace with over 170 million demat accounts. You will study the United States stock market, home to the NYSE and NASDAQ, understanding how the world's largest capital market was shaped by historic crashes, landmark legislation, and relentless innovation. And you will discover the Chinese stock market, a remarkable story of transformation from a closed economy to the world's second-largest market in just three decades.


