Define Financial Markets. Explain the functions and constitutents of financial markets.
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A financial market is a broad term describing any marketplace where buyers and sellers participate in the trade of assets such as equities, bonds, currencies and derivatives. ... Investors have access to a large number offinancial markets and exchanges representing a vast array of financialproducts.
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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, raw materials and precious metals, which are known in the financial markets as commodities.
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