The financial system

What is the financial system?

a system that allows the exchange of funds between the users of the financial market

Examples of financial institutions

banks, insurance companies and investment firms

What is the financial system?

a system that allows the exchange of funds between the users of the financial market

Examples of financial institutions

banks, insurance companies and investment firms

What are financial institutions?

organisations that provide financial services

What is a financial market?

platforms where buyers and sellers trade financial assets

Examples of financial assets

stocks, bonds and loans

What are financial instruments?

the assets or contracts traded in financial markets

What are regulatory bodies?

organisations that set rules and regulations to ensure the financial markets operate smoothly and transparently

Example of regulatory bodies

central banks and financial regulatory authorities

Who are the participants?

Individuals who use the financial system to access capital and make investments

Examples of individuals who use the financial system?

corporations, governments and investors

What are payment systems?

systems that improve the transfer of money and transactions

Examples of payment systems

electronic payment networks and banking systems

Examples of financial services

loans, deposits and investment management