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Financial Market

Definition: Financial Market refers to a marketplace, where creation and trading of financial assets, such as shares, debentures, bonds, derivatives, currencies, etc. take place. It plays a crucial role in allocating limited resources, in the country’s economy. It acts as an intermediary between the savers and investors by mobilising funds between them.

人类活动造成的这些气体及其他气体的增加,导致地球温度与前工业化时代相比,上升了大约1.5华氏度(约合0.8摄氏度),造成全球陆冰融化。海平面上升的速度似乎正在加快,热浪和暴雨天气越来越多。
The Man Who Knew, by Sebastian Mallaby, is the 12th winner of the £30,000 award, which goes to the “most compelling and enjoyable” title of the year.

Functions of Financial Market

No.35 娜塔丽·波特曼娜塔丽·波特曼(Natalie Portman ,1981年6月9日-),出生在以色列,美国好莱坞著名女演员之一。她曾获得过金球奖,并获得奥斯卡奖提名。美国哈佛

  • It facilitates mobilisation of savings and puts it to the most productive uses.
  • It helps in determining the price of the securities. The frequent interaction between investors helps in fixing the price of securities, on the basis of their demand and supply in the market.
  • It provides liquidity to tradable assets, by facilitating the exchange, as the investors can readily sell their securities and convert assets into cash.
  • It saves the time, money and efforts of the parties, as they don’t have to waste resources to find probable buyers or sellers of securities. Further, it reduces cost by providing valuable information, regarding the securities traded in the financial market.

The financial market may or may not have a physical location, i.e. the exchange of asset between the parties can also take place over the internet or phone also.

Classification of Financial Market

classification of financiak market

  1. By Nature of Claim
    • Debt Market: The market where fixed claims or debt instruments, such as debentures or bonds are bought and sold between investors.
    • Equity Market: Equity market is a market wherein the investors deal in equity instruments. It is the market for residual claims.
  2. By Maturity of Claim
    • Money Market: The market where monetary assets such as commercial paper, certificate of deposits, treasury bills, etc. which mature within a year, are traded is called money market. It is the market for short-term funds. No such market exist physically; the transactions are performed over a virtual network, i.e. fax, internet or phone.
    • Capital Market: The market where medium and long term financial assets are traded in the capital market. It is divided into two types:
      • Primary Market: A financial market, wherein the company listed on an exchange, for the first time, issues new security or already listed company brings the fresh issue.
      • Secondary Market: Alternately known as the Stock market, a secondary market is an organised marketplace, wherein already issued securities are traded between investors, such as individuals, merchant bankers, stockbrokers and mutual funds.
  3. By Timing of Delivery
    • Cash Market: The market where the transaction between buyers and sellers are settled in real-time.
    • Futures Market: Futures market is one where the delivery or settlement of commodities takes place at a future specified date.
  4. By Organizational Structure
    • Exchange-Traded Market: A financial market, which has a centralised organisation with the standardised procedure.
    • Over-the-Counter Market: An OTC is characterised by a decentralised organisation, having customised procedures.

The pair stand on opposite sides backstage and memorize the winners to avoid having to write them down and have revealed in the past how they carry out rigorous checks to ensure they have stuffed the envelopes correctly. It is believed Ruiz and Cullinan are ordered to destroy the duplicate cards as the presentation goes on, so by the time Best Picture is awarded, the only envelopes left are the two for Best Picture.
反对:影片可能太过非主流,不具有获得大奖的影响力。
n. 诱惑,引诱
这座墓地在2007年7月份的时候首次被发现,由新疆文化遗产和考古研究院负责开挖,挖掘工作得到当地政府的支持。研究团队将他们的发现发表在了中国的期刊《文物》上。这篇文章最近被翻译成英语,并发布在了《中国文化遗迹》杂志上。

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