By David M. Weiss
The absolutely up-to-date vintage consultant to the mechanics of securities processing—a needs to for pro investors
This 3rd version of After the exchange Is Made reflects the alterations that experience taken position lately because of new items, technological breakthroughs, and the globalization of the securities undefined. accomplished and simple to appreciate, it presents agents, operations team of workers, and person traders with definitive and up to the moment motives of every step within the buying and selling process—from the instant a buyer comes to a decision to shop for or promote a safety during the ultimate requisites of checklist keeping.
Written for either securities execs and person traders, no matter if family or in different nations, this re-creation basically explains the middle of underwritings, new and confirmed buying and selling markets, transaction processing, margin, and more—while delivering serious insights into the newest wave of changes.
David M. Weiss, a veteran securities specialist, strains the whole means of paying for or promoting a safety, from order administration to transaction processing to the ultimate posting at the firm’s books and documents. He covers the really expert attributes of every functionality in a customary brokerage company, in addition to their relationships with advertisement banks, move brokers, clearing organisations, and depositories.
After the alternate Is Made is the definitive source for someone desirous to comprehend and with a bit of luck navigate the titanic and infrequently remarkable international of securities.