Author Description

This book describes the role of the financial markets department and focuses on the value chain of transactions in financial instruments from the consummation of a deal via deal entry, confirmation, confirmation matching, the sending of settlement instructions to correspondent bank and custodians to account reconciliations. The last part of the book describes the most frequently traded financial instruments, such as FX spot, forward and swaps, repos and money market paper and derivatives, e.g. money market futures and interest rate swaps. The book is understandable for readers with no or few experience in the financial markets.