Financial Markets And Institutions: Important Functions
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.
|Date of creation:||22 Dec 2005|
|Date of revision:|
|Note:||Type of Document - doc; pages: 4. Financial Markets and Institutions|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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