Fundamentals of the Securities Industry
Today's Most Complete Introduction--and Indispensable Fingertip Reference--to the Ways and Workings of the Securities IndustryWhy would an investor choose preferred stock over common stock?When a stock is sold "ex-dividend," what happens when the dividend is paid?What exactlyarerights and warrants?Financial markets terms, concepts, and procedures can be intimidating, especially when you're new to investing or in the early stages of a financial career.Fundamentals of the Securities Industryis a detailed introduction to how the securities industry works. From uses and risks of different trading vehicles to advanced ways in which traders can augment profit potential while hedging risks, it is today's most straightforward, plain-English guide to the foundations and concepts of trading and investing.Whether you are just beginning your career in the financial services industry or are an experienced investor looking for an easy-to-use reference,Fundamentals of the Securities Industrywill provide the solid base of knowledge and information you need to understand:Common stocks, preferred stocks, rights, and warrantsCorporate bonds, municipal bonds, and U.S. government securitiesInterest payments and yield calculationsOptions--puts, calls, straddles, spreads, and other strategiesTypes of orders--market, limit, and stopAdvanced topics including short sales and margin trading