Class 12
Business Studies
Chapter 10-Financial Markets
What is Financial Market?
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A financial market is a market in which people trade financial securities and derivatives at low transaction costs.The term "market" is sometimes used for what are more strictly exchanges, organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange.
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A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, and precious metals.
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