ESCP Europe

This enriched sixth edition introduces new chapters on central banks, emerging financial market technologies, and financing mechanisms for small businesses. It offers an in-depth analysis of the impact of technological innovation on finance and provides comprehensive coverage of financial instruments, including both cash instruments and derivatives. The book also examines the risk management challenges faced by major institutional investors. Designed as a true pedagogical tool, this updated guide includes numerous resources such as end-of-chapter discussion questions and integrated online appendices.