Chapter 1 FINANCIAL MARKETS & INSTITUTIONS. FINANCIAL MARKETS. Is a market in which financial assets such as stocks and bonds are traded. They facilitate the flow of funds, allowing financing and investing.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Primary versus secondary markets
Financial institutions are required to resolve the problems caused by market imperfections
Depository institutions are the major type of financial intermediary which accept deposits from surplus units and provide credit to deficit units
1. Commercial Banks:
2. Saving Institutions:
1. Finance Companies:
2. Mutual Funds:
4. Pension Funds: