{"product_id":"floor-rules-insider-culture-in-financial-markets-hardcover","title":"Floor Rules: Insider Culture in Financial Markets - Hardcover","description":"\u003cp\u003eby \u003cb\u003eMark W. Geiger\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA compelling account of how markets really govern themselves, and why they often baffle and outrage outsiders\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e One of the reasons many people believe financial markets are lawless and irrational--and rigged--is that they follow two sets of rules. The official rules, set by law or by the heads of the exchanges, exist alongside the unofficial rules, or floor rules--which are the ones that actually govern. Break the official rules and you may be fined or jailed; break the floor rules and you'll suffer worse: you will be ostracized. Regulations vary across markets, but the floor rules are remarkably consistent. \u003cp\u003e\u003c\/p\u003e This book, offering compelling stories of market disturbances in which insider rules played a key role, shows readers, without excessive moralizing, how markets really govern themselves. It is a study of the norms, customs, values, and operating modes of the insiders at the center of the financial markets that trade money, stocks, bonds, futures, and other financial derivatives. The core insiders who rule trading markets are a relatively small group who exert disproportionate influence on financial systems. Mark W. Geiger examines the historical roots of the culture of financial markets, describes the role insiders play in today's high finance, and suggests where this peculiar, ingrown culture is heading in an era of constant technological change.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eMark W. Geiger\u003c\/b\u003e is an independent scholar and historian. He has served as vice president for special projects at Kidder, Peabody in New York. His previous book, \u003ci\u003eFinancial Fraud and Guerilla Violence in Missouri's Civil War\u003c\/i\u003e, won the Tom Watson Brown Prize and the Francis B. Simkins Award.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 288\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.2 x 8.6 x 5.8 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 29, 2024\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":47376070541490,"sku":"9780300214024","price":35.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0770\/3891\/1666\/files\/9a927a9ddf35410ca17728cc825eef79.webp?v=1777695436","url":"https:\/\/box.dadyminds.org\/products\/floor-rules-insider-culture-in-financial-markets-hardcover","provider":"DADYMINDS BOX","version":"1.0","type":"link"}