German Financial Markets

With contributions from some of Germany's leading financial personnel, this book gives an accurate and expert view of the mechanisms and institutions behind one of the world's leading financial markets. The book consists of two parts, with the first covering the institutional framework, market participants and the supervisory authorities. The second section deals with specific products and instruments, which are commonly found in the German financial markets. The book gives an account of the how in recent years major steps have been taken to modernise the financial markets. It concludes with a review of the German financial markets within the European arena and how this is both a challenge and a unique opportunity which must be embraced to ensure their continued status in the world financial market place.