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Financial Markets And Institutions: Important Functions

Author

Listed:
  • Fadil Govori

    (Institute of Finance & Management)

Abstract

Economic system relies heavily on financial resources and transactions, and economic efficiency rests in part on efficient financial markets. Financial markets consist of agents, brokers, institutions, and intermediaries transacting purchases and sales of securities. The many persons and institutions operating in the financial markets are linked by contracts, communications networks which form an externally visible financial structure, laws, and friendships. The financial market is divided between investors and financial institutions.

Suggested Citation

  • Fadil Govori, 2005. "Financial Markets And Institutions: Important Functions," Finance 0512025, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpfi:0512025
    Note: Type of Document - doc; pages: 4. Financial Markets and Institutions
    as

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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/fin/papers/0512/0512025.doc
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    More about this item

    Keywords

    Markets and Institutions;

    JEL classification:

    • G - Financial Economics

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