Understanding South African financial markets is an introductory text that should serve as a useful reference and guide for commerce students, public servants and members of the business fraternity alike. It gives the reader an overview of how the ...
various institutions in the South African financial system operate, as well as the different financial markets in the South African economy and the instruments traded in those markets. Some of the chapters were written by practitioners from the financial markets and others by experienced faculty members in Economics and Financial Management. The book is aimed particularly at South African students. Each chapter starts with study objectives relevant to the material covered. Jargon that may be unfamiliar is explained in lay terms. The book refers throughout to both international and local market practices and norms where relevant. Students in financial management and monetary economics will find this a helpful aid to understanding the financial markets in South Africa.