The Financial System: The European Union Perspective

Paola Ferretti () and Pierluigi Martino ()
Additional contact information
Paola Ferretti: University of Pisa
Pierluigi Martino: University of Pisa

Chapter Chapter 2 in Banking and Financial Markets, 2023, pp 9-32 from Springer

Abstract: Abstract This chapter provides a general overview on the role and functioning of the financial system, with a specific focus on the EU context. In particular, the chapter presents a discussion of the principal financial markets, namely money, bonds, equity and derivatives markets, highlighting their different characteristics in terms of market participants and their purposes, as well as in terms of features of the financial instruments negotiated. Moreover, it explores the fundamentals behind financial intermediation and provides a general overview on the business and main characteristics of the principal categories of financial intermediaries.

Keywords: Financial system; Financial markets; Financial instruments; Financial intermediaries; European Union (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-32562-5_2

Ordering information: This item can be ordered from
http://www.springer.com/9783031325625

DOI: 10.1007/978-3-031-32562-5_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().