Fundamentals of the Securities Industry – William A.Rini

Today’s Most Complete Introduction–and Indispensable Fingertip Reference–to the Ways and Workings of the Securities Industry

• Why would an investor choose preferred stock over common stock?
• When a stock is sold “ex-dividend,” what happens when the dividend is paid?
• What exactly are rights 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 Industry is 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 Industry will provide the solid base of knowledge and information you need to understand:

• Common stocks, preferred stocks, rights, and warrants
• Corporate bonds, municipal bonds, and U.S. government securities
• Interest payments and yield calculations
• Options–puts, calls, straddles, spreads, and other strategies
• Types of orders–market, limit, and stop
• Advanced topics including short sales and margin trading

William Rini recently retired as senior vice president of the New York Institute of Finance. The author of two previous books on the securities industry, Rini conducts seminars for securities exchanges and financial institutions worldwide.