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MANAGEMENT OF FINANCIAL INSTITUTION AND MARKET
- Notas de lectura • 323 páginas • 2019
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The characteristics of financial markets are
determined by the choices made by the deficit
entities and the surplus entities in terms of
timing and risk, e.g.,:
– Short term (money markets), i.e., less than one
year
– Longer term (capital markets), i.e., more than one
year
– High risk (e.g., equities, derivatives)
– Low risk (e.g., cash, bonds)
Characteristics of Financial Markets
• Lenders Intermediaries
• Individuals Banks
• Companies Insurance companies
• pension funds
• Mut...