FINANCIAL MARKETS AND INSTITUTIONS: IMPORTANT FUNCTIONS

Fadil R. Govori

Finance from EconWPA

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.

Keywords: Markets; and; Institutions (search for similar items in EconPapers)
JEL-codes: G (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cfn and nep-fmk
Date: 2005-12-22
Note: Type of Document - doc; pages: 4. Financial Markets and Institutions

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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpfi:0512025

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