Question

what is the importance of financial market​

Answer 1

Such markets act as an intermediary between savers and investors, or they help savers to become investors. On the other hand, they also help businesses to raise money to expand their business. It won't be wrong to say that investors and businesses access the financial markets to raise money and also to make more money.

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Answer 2

Explanation:

Financial markets may seem confusing, but essentially they exist to bring people together, so money flows where it is needed the most. Markets provide finance for companies so they can hire, invest and grow. They provide money for the government to help it pay for new roads, schools and hospitals.