Dalton, John M., 1942-

How the stock market works / John M. Dalton. - 3rd edition - New York : New York Institute of Finance, c2001. - xvi, 422 pages : illustrations ; 24 cm. - How the markets work series .

Revised edition of: How the stock market works / edited by John M. Dalton. 2nd ed. 1993
Includes index.

• The stock market : what the stock market has to offer
• Reading the financial press : determining share value
•determining your investment return
• The initial public offering : getting the stocks to the marketplace
• Inside the brokerage firm : who does what?
• The secondary market : executing orders on the exchange floor
• The specialist : riding the bulls and bears
• The secondary market : over-the counter-trading
• Investment companies : closed-end and open-end funds
•the "package-plan" approach
• Stock options : multipurpose instruments
• The back offices : following the long paper trail
• Stock market theories : can prices really be predicted?
• Analyzing stocks : the corporation's "report card"
• Taxation : how dividends and capital gains are taxed
• Crash! : how the stock market works under pressure.

The second edition of the popular How The Stock Market Works updates and expands its solid introduction to Wall Street for individual investors and beginning financial professionals alike. This primer explains the workings of the securities industry as a whole, including the initial public offering (getting the stocks to the marketplace), types of stocks, who's who inside the brokerage firm, executing orders on the Exchange floor, the role of the specialist, the over-the-counter market, back office operations (buy/sell and processing procedures), and the major theories of market analysis. The second edition has six new chapters, covering why individuals and institutions buy stocks: dividends and capital gains, risks and rewards; how to read the financial press ... stock symbols, dividend, yield, P/E ratio; closed-end and open-end funds ... how mutual funds are priced, bought and sold ... figuration of net asset values and offering prices; stock options ... puts and calls ... leverage ... time value and intrinsic value ... options as hedging tools; how to understand a corporate balance sheet and income statement; and how dividends and capital gains are taxed.

0735201838 9780735201835

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Stock exchanges.
Stocks.
Bolsa de valores
Acciones (Bolsa)

HG 4551 / D152h 2001

332.64/273