Financial Markets FIN 3600: Chapter 5 Timothy R. Mayes, Ph.D. Size of Various Financial Markets What is a Market? A market is a public place where products or services are sold, either directly or through intermediaries. Markets are important for a number of reasons:
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FIN 3600: Chapter 5Timothy R. Mayes, Ph.D.
Source: Thomson Financial Securities Data Corp. in Business Week, July 30, 2001.
Source: Standard & Poor’s