Who are the participants in the financial market?

Participants in the financial market are the supply and demand sides of funds, and can be individuals, companies, banks, brokers, securities companies, insurance companies, investment institutions, government agencies, etc.

Financial markets can be classified as follows when examined from different perspectives:

(1) According to geographical scope, they can be divided into:

①International financial markets, consisting of It is composed of financial institutions that operate international currency businesses. Its business activities include capital lending, foreign exchange trading, securities trading, capital transactions, etc.

② The domestic financial market is composed of domestic financial institutions that handle various currency, securities and functional business activities. It is further divided into urban financial market and rural financial market, or into national, regional and local financial markets.

(2) According to the business place, it can be divided into:

① Tangible financial market refers to the financial market with fixed place and operating facilities;

② Intangible finance Market, a market that exists in the form of an operating network, achieves transactions through electronic telecommunications means.

(3) Divided by financing transaction period:

① Long-term capital market (capital market), which mainly supplies medium- and long-term funds for more than one year, such as the issuance of stocks and long-term bonds and circulation;

② The short-term capital market (money market) is a financing market for short-term capital of less than one year, such as inter-bank lending, bill discounting, short-term bonds and negotiable certificates of deposit.

(4) Divided according to the nature of transactions:

①Issuance market, also called the primary market, is the market for new securities issuance;

②Circulation market , also known as the secondary market, is the trading market for securities that have been issued and are in circulation.

(5) According to the transaction objects, it is divided into the lending market, discount market, large-amount certificate of deposit market, securities market (including stock market and bond market), foreign exchange market, gold market and insurance market.

(6) According to the delivery period, it can be divided into:

① Financial spot market, payment and delivery immediately after the completion of financing activities;

② Financial futures market, investment After the financing activity is completed, payment and delivery will be made on the specified date according to the contract. Scientific and systematic division of financial markets according to the above-mentioned internal relationships is the basis for effective management of financial markets.

(7) According to the subject matter of the transaction, it is divided into:

①Money market

②Capital market

③Financial derivatives market< /p>

④Foreign exchange market

⑤Insurance market

⑥Gold and other investment products market

(8) According to the financing method, it is divided into:< /p>

①Direct financing market

②Indirect financing market

(9) Divided according to specific types of trading instruments:

①Bond market< /p>