The Complete Guide to Capital Markets for Quantitative Professionals

Introduction

Part I: Financial Industry

1: Financial Markets

2: Market Participants

3: Financial Institutions and Their People

Part II: Markets

4: Markets and the Economy

5: US Treasury Market

6: Equity Markets

7: Financial Futures

8: Interest Rate Swaps and Options

9: Inflation Trading

10: Agencies and Mortgages

11: Credit and Credit Derivatives

Part III: Technology Areas

12: Product Data

13: Analytics and Modeling

14: Market Data

15: Trading Systems

16: Risk Managment

17: RManagementnd Strategy

Part IV: Technology Practices

18: Production Cycle

19: Development Cycle

20: Applicaton Support and PApplicationagement

Conclusion

Appendices

The Complete Guide to Capital Markets for Quantitative Professionals is a comprehensive resource for readers with a background in science and technology who want to transfer their skills to the financial industry.

It is written in a clear, conversational style and requires no prior knowledge of either finance or financial analytics. The book begins by discussing the operation of the financial industry and the business models of different types of Wall Street firms, as well as the job roles those with technical backgrounds can fill in those firms. Then it describes the mechanics of how these firms make money trading the main financial markets (focusing on fixed income, but also covering equity, options and derivatives markets), and highlights the ways in which quantitative professionals can participate in this money-making process. The second half focuses on the main areas of Wall Street technology and explains how financial models and systems are created, implemented, and used in real life. This is one of the few books that offers a review of relevant literature and Internet resources.