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Transcript of Financial Markets
- A marketplace where buyers and sellers participate in the trade of assets.
- Can be defined by having transparent pricing, basic regulations on trading, costs and fees and market forces.
Types of FM
Roles of FM in the Economy
Function of FM
Transfer of Resources
The Foreign Currency Market: a global decentralized market for the trading of currencies.
The Euro-currency Market: the money in which Eurocurrency, currency held in banks outside of the country where it is legal, is borrowed and lent by banks in Euroupe.
Superannuation/ Mutual Funds
Financial Market is very complex with many different types. It is a place where traders buy and sell, stocks, bonds, derivatives. Financial markets has created an open and regulated system for companies to obtain large amounts of financial capital to grow their businesses.
the World Bank