Financial Institutions and Markets focuses on AustraliaÕs financial system. Thoroughly updated, this seventh edition retains the structure of the successful sixth edition, examining the financial systemÕs three main functions Ð settlement, flow-of-funds and risk transfer. The book provides a comprehensive and comprehensible integrated account of the activities of AustraliaÕs financial institutions and markets Ð and their instruments Ð including the major capital and foreign exchange markets, and the markets for derivatives.
