"Stephane is one of the most knowledgeable professionals in the financial market. From market microstructure to global trends, his understanding of the operations of the financial ecosystem is complete, accurate, and detailed.While introducing the key concepts of modern financial markets, Fundamental Principles in Modern Finance unravels their underlying mechanics and puts them in the perspective of macroeconomic evolutions.Professionals, students, executives or business owners, this book is an important resource for anyone looking for clear and a pragmatic explanation on modern finance." -Hugo Renaudin, CEO of LGO Markets Modern finance is a complex subject on which much has been written... but how can we find our way around? This book introduces fifteen fundamental principles, based on concrete examples drawn from current or even daily issues, to help you understand things like: What is a deferred delivery? How do you understand the risk/performance assembly in a practical way? What tools does a trader have at his disposal to assess and manage risks? How do you describe an option without using a mathematical formula? What really is an interest rate? This book aims to provide a clear, pragmatic, and concise answer which will help you understand the best practices to manage finances. This book is intended for students, professionals and anyone who simply wants to better understand the mechanics of capital markets.