Optionsmarkt-Ansätze Book by Georg Pl Tz - Bookswagon
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Optionsmarkt-Ansätze

Optionsmarkt-Ansätze


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About the Book

In den modernen arbeitsteiligen Volkswirtschaften gibt es tiberschuBeinheiten (Geldanleger, Glaubiger) und Defiziteinheiten (Geldnachfrager, Schuldner). Zur Ausgleichung der Budgets solcher Wirtschaftseinheiten haben sich monetiire Markte entwickelt, auf denen Angebot und Nachfrage nach Geld zusammentrifft. Die Gesamtheit dieser Miirkte wird hinsichtlich der Fristigkeit der gehandelten Glaubiger- und Schuldner-Beziehungen in Geldmarkt (Markt fUr kurzfristige Geldanlagen und Kredite) und einen Kapitalmarkt (Markt fUr langfristige Geld- 1 anlagen und Kredite) unterschieden. Ais Kapitalmarkt im engeren Sinne wird der aus dem Rentenmarkt (Markt fUr festverzinsliche Wertpapiere) und dem Aktienmarkt (Markt fUr Beteiligungs- papiere) bestehende Wertpapiermarkt verstanden. Dieser Markt hat Mittelbereit- stellungs- und Fungibilitatsfunktion (Vertretbarkeit der Handelsobjekte) und kann in Primarmarkt (Markt fUr Neu-Emissionen) und Sekundarmarkt (Markt fUr im Umlauf befindliche Wertpapiere) unterteilt werden. Hinsichtlich der zeitlichen Abfolge von AbschluB und ErfUllung eines Wertpapiergeschafts wird zwischen 2 Kassamarkt und Terminmarkt unterschieden. Die groBe Bedeutung, die Kapitalmarkte inzwischen weltweit erlangt haben, liiBt 3 sich durch einige Kennzahlen leicht belegen. Die USA erwirtschafteten 1988 ein Bruttosozialprodukt von etwa 4,8 Billionen US-$, Japan 2,5 Billionen US-$ und die Bundesrepublik Deutschland 1,2 Billionen US-$. Der gesamte Finanzmarkt hingegen erreichte im selben Zeitraum in den USA eine GroBe von 22 Billionen US-$, in japan von 20 Billionen US-$ und in der Bundesrepublik Deutschland von etwa 5,5 Billionen US-$. Die Marktkapitalisierung an umlaufenden Aktien betrug im selben jahr in den USA 2,6 Billionen US-$, in japan 3,8 Billionen US-$ und in Deutschland dagegen nur 228 Milliarden US-$, etwa 10% des US- Marktes und 6% der japanischen Borsen.


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Product Details
  • ISBN-13: 9783824400737
  • Publisher: Deutscher Universitats-Verlag
  • Binding: Paperback
  • Height: 234 mm
  • No of Pages: 218
  • Series Title: Duv Wirtschaftswissenschaft
  • Sub Title: Bewertungsprobleme Börsennotierter Optionen
  • Width: 156 mm
  • ISBN-10: 3824400731
  • Publisher Date: 01 Jan 1991
  • Edition: 1991 ed.
  • Language: German
  • Returnable: N
  • Spine Width: 13 mm
  • Weight: 394 gr


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