Today, LTG Goldrock will share the meaning of the financial market with you ~
The financial market is also known as the capital market , including the currency market and the capital market, which is a financial financial market.The so -called funding refers to the activity of regulating capital surplus in all financial transactions activities in the process of economic operation.In the financial market, various financial instruments, such as stocks, bonds, savings orders, etc.Fund Finance is referred to as financing, which is generally divided into two types: direct financing and indirect financing.Direct financing is a activity of direct funding and financial communication between funds and demand, that is, capital demanders directly raising institutions and individuals with capital surplus to the society through the financial market; corresponding to this, indirect financing refers toThe funding for financial financial activities, that is, the fund demanders adopt a financial intermediary institution such as banks to apply for a loan to raise funds.The financial market has a direct profound impact on all aspects of economic activities . For example, personal wealth , the efficiency of business operations, and economic operations depends directly on the financial market activities.
The composition of the financial market is very complicated. It is a huge system composed of many different markets.However, according to the period of trading instruments in the financial market, the financial market is divided into two categories: currency market and the capital market.The currency market is a market that integrates short -term (within one year), and the capital market is a market that integrates long -term (more than one year) funds.The currency market and the capital market can be further divided into several different sub -markets.The currency market includes the financial industry borrowing market , the repurchase agreement market , the commercial bill market , the bank acceptance bill market, the short -term government bond market, the large -faced transfer deposit list market , etc.EssenceThe capital market includes medium and long -term credit markets and securities markets .The medium- and long -term credit market is a loan market between financial institutions and industrial and commercial enterprises; the securities market is a market for financing through securities issuance and transactions, including bond markets , stock market , fund market , Insurance market , financial leasing market, etc.
Compared with other markets, the financial market has its own unique characteristics:
First, the financial market is a market that uses funds as the target.
Second, the financial market transactions are not simply trading relationships, but more importantly, borrowing relationships, which reflect the principle of separation of capital ownership and the use of rights.
Third, the financial market can be a tangible market or an invisible market.
