9 同济大学 经济与管理学院 TONGJI UNIVERSITY SCHOOL OF ECONOMICS MANAGEMENT Chapter 8 Financial Markets
Chapter 8 Financial Markets
The Economics of Money and Banking Chapter 8 Financial Markets 》Agenda Introduction of Financial Markets ● Money Market ● Capital Market Innovation of Financial Markets ●垂●●●●●0 2 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 2 GUO YING SEM TONGJI UNIVERSITY Introduction of Financial Markets Money Market Capital Market Innovation of Financial Markets Chapter 8 Financial Markets Agenda
The Economics of Money and Banking Chapter 8 Financial Markets 》》 Definition of Financial Markets 1 ▣ Financial markets exist as a whole of the places and activities of the financing and transactions of financial instruments.Among them are Introduction of Financial Markets the transactions of various currencies and securities. In terms of the exact locations of financial markets,there are both visible and invisible financial markets. 3 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 3 GUO YING SEM TONGJI UNIVERSITY 1 Financial markets exist as a whole of the places and activities of the financing and transactions of financial instruments. Among them are the transactions of various currencies and securities. In terms of the exact locations of financial markets, there are both visible and invisible financial markets. Definition of Financial Markets Chapter 8 Financial Markets Introduction of Financial Markets
The Economics of Money and Banking Chapter 8 Financial Markets >Classification of Financial Markets 1 Money markets and capital markets Introduction of Financial Markets Primary securities market and secondary securities Spot market and forward market Future market,option market and swap market 4 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 4 GUO YING SEM TONGJI UNIVERSITY 1 Classification of Financial Markets Money markets and capital markets Chapter 8 Financial Markets Introduction of Financial Markets Primary securities market and secondary securities Spot market and forward market Future market ,option market and swap market
The Economics of Money and Banking Chapter 8 Financial Markets >>Conditions for the Effective Financial Markets 1 The developed market economies Developed a sound financial system,banking system and the Introduction of Financial Markets considerable size of specialized personnel A considerable number and variety of financial instruments Comprehensive economic,financial regulations and regulatory system is efficient Fully developed transportation and communication facilities Favorable market conditions 5 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 5 GUO YING SEM TONGJI UNIVERSITY 1 Conditions for the Effective Financial Markets Chapter 8 Financial Markets Introduction of Financial Markets The developed market economies Developed a sound financial system, banking system and the considerable size of specialized personnel A considerable number and variety of financial instruments Comprehensive economic, financial regulations and regulatory system is efficient Fully developed transportation and communication facilities Favorable market conditions