1st slide
STRUCTURE OF FINANCIAL MARKETS
DEBT MARKET EQUITY MARKET
2ND slide
DEBT MARKET- market where debt instruments are traded
EQUITY MARKET- market for trading equity instruments
3rd slide
Financial markets function as both primary and secondary markets for debt and equity securities
Primary market- refers to original sale of securities by governments and corporations
Secondary markets- where investors buy and sell securities they own
4th slide
Forces of change
1. Technology
2. Deregulation
3. Liberalization
4. Consolidation
5. Globalization