Anticipate the market's next move with the conceptual framework and timely insights found in Madura's FINANCIAL MARKETS AND INSTITUTIONS: ABRIDGED EDITION, 8E. Readers find the latest information on the status of today's financial markets as the book details how markets and the institutions that serve them operate. This edition describes each type of financial market with a focus on how the market is used by financial institutions, how it is internationalized, and how recent financial events have impacted it. The book also details each type of financial institution, including its regulatory aspects, management, use of financial markets, and performance. Readers develop a better understanding of why markets exist and what their roles are in today's financial environments with the book's numerous timely examples and practical applications. Extensive Internet content links keep readers up to date on the latest financial developments. To ensure flexibility and to provide an economical text choice, several less frequently used chapters in this edition are available online at http://academic.cengage.com/finance/madura. Discover the solid understanding needed to succeed in today's ever-changing financial markets with the powerful insights found in Madura's FINANCIAL MARKETS AND INSTITUTIONS: ABRIDGED EDITION, 8E.