FinancialMarketsandInstitutions幻灯片.pptVIP

Financial Markets and Institutions;The Capital Allocation Process;How is capital transferred between savers and borrowers?;What is a market?;Types of Financial Markets;The Importance of Financial Markets;What are derivatives? How can they be used to reduce or increase risk?;Types of Financial Institutions;Physical Location Stock Exchanges vs. Electronic Dealer-Based Markets;Stock Market Transactions;Highly Inefficient ;Implications of Market Efficiency ;Implications of Market Efficiency