Financial Markets And Institutions: Important Functions
AbstractEconomic 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.
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Bibliographic InfoPaper provided by EconWPA in its series Finance with number 0512025.
Length: 4 pages
Date of creation: 22 Dec 2005
Date of revision:
Note: Type of Document - doc; pages: 4. Financial Markets and Institutions
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Markets and Institutions;
Find related papers by JEL classification:
- G - Financial Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-01-01 (All new papers)
- NEP-CFN-2006-01-01 (Corporate Finance)
- NEP-FMK-2006-01-01 (Financial Markets)
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