Abstract
The City of London is an important market-place for many commodities, including money — hence its role as an international financial centre. There are several related financial markets. The capital market is usually described as that dealing in longer-term funds, and the money market in shorter-term funds.
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Further Reading
R. J. Briston, The Stock Exchange and Investment Analysis (London: Allen & Unwin, 1975) chs. 1, 3, 4.
K. Midgley, Companies and their Shareholders — the Uneasy Relationship (Institute of Chartered Secretaries and Administrators, 1975).
Jack Revell, Changes in British Banking — the Growth of a Secondary Banking System Hill, Samuel Occasional Paper No. 3 (1968).
E. Stamp and C. Marley, Accounting Principles and the City Code (London: Butterworth, 1970).
Richard Spiegelberg, The City — Power Without Accountability (London: Blond & Briggs, 1973).
City Capital Markets Committee, Supervision of the Securities Market, Answers to questions contained in the Inquiry of the Department of Trade (June 1974).
Labour Party Green Paper, The Community and the Company, Working Group of the Labour Party Industrial Policy Sub-Committee (1974).
‘London Money Markets’, Barclays Review (November 1972).
‘The Eurocurrency Markets’, Barclays Review (February 1976).
P. K. Woolley, ‘The Economics of the U.K. Stock Exchange’, Moor gate and Wall Street Review (Spring 1974).
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© 1977 Kenneth Midgley and Ronald Burns
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Midgley, K., Burns, R. (1977). The Markets: Procedures and Control. In: The Capital Market: its Nature and Significance. Studies in Finance and Accounting. Palgrave, London. https://doi.org/10.1007/978-1-349-15755-6_5
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DOI: https://doi.org/10.1007/978-1-349-15755-6_5
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-21486-2
Online ISBN: 978-1-349-15755-6
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