Publisher summary trading is the process of implementing investment decisions and other types of financial asset purchases or sales whereas investment tends to focus on what to do trading is more directly concerned with how to do it an important impetus for trading is the portfolio management process. 1 cash instruments as described in book 1 cash markets involve direct trading in securities and other types of assets3 securities are fungible legal instruments that themselves represent the selection from an introduction to trading in the financial markets trading markets instruments and processes book. Trading on the financial markets requires the mastery of many subjects from strategies and the instruments being traded to market structures and the mechanisms that drive executions. Trading on the financial markets requires the mastery of many subjects from strategies and the instruments being traded to market structures and the mechanisms that drive executions this second of selection from an introduction to trading in the financial markets trading markets instruments and processes book. Succeeding in the financial markets requires a mastery of many disciplines mastery begins with understanding the actors rules and dynamics and the ways in which they interact this volume the last of a 4 volume series presents a broad perspective on key subjects such as regulation and compliance risk and ways to mitigate it and the