Innovations in financial markets have played a crucial role in shaping the economic landscape of the leading, as well as, emerging economies of the world. In the past few decades, financial services have witnessed many successful innovations leading to better integration and greater maturity of world financial markets. The main objective of this book is to cover major innovations in the capital markets, risk management, banking and financial services. The book is divided into various sections.

The first section gives an overview of significant innovations and trends in capital markets, risk management and financial services; explores the changing nature of financial markets and discusses a few recommendations for growth through innovations. The second section focuses on the changing scenario in the banking industry and various innovations like ULIPs, prepaid cards, mortgage innovation, microfinance, etc. The third section explores innovations and new developments in capital markets worldwide and covers some significant innovations like a new trading system at NASDAQ, hedge funds, exchange-traded funds and real estate investment trusts, etc.

This book is a study of the profitability of technical and fundamental trading rules in emerging financial markets (stock and foreign exchange markets) using Kuwait as a case study. The ultimate objective of the study is to demonstrate that financial volatility can be attributed to the heterogeneity of traders with respect to the trading strategies they use.

Treasury Management Magazine, Financial Market Innovations, Financial Services, Capital Markets, Risk Management, Banking Sector, Microfinance, Global Trading System, Trading Strategies, Foreign Exchange Markets, Statistical Analysis.