Finace Study guides, Class notes & Summaries

MANAGEMENT OF FINANCIAL INSTITUTION AND MARKET Last document update:   ago

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...