Banks

Cours 1 12/02/2010

https://sites.google.com/site/civilisationeconomique2/

Diversity of the financial market.

Public

Regulated Market

Ex) Stick Market NYSE Private

O.T.C (Over The Counter Market)

(Marché de gré à gré)

One on one transaction between brokers or bankers that usually takes place on the phone.

It is less regulated so has a looser form of regulation.

International markets National Markets

Nature of financial instruments or products of exchanges

Markets for stocks

Bonds

Derivatives

Commodities

Stock: a share or equities. A company issues stocks/shares.

A company opens up their capital on the stock market.

STOCKS/SHARES

If the share price on the stock market goes down, it means that the company loses money.

Primary Market: day one, the first day the company opens up.

Secondary Market: investors; unlimited number of investors buy and sell their shares.

Ownership right: When you buy a share, you are a part owner of the company that has issued the share.

Liquid Market: when you are always able to find