Financial markets are divided into money markets and capital markets based on the maturity of financial assets

1. Money market refers to the financial market where the maturity of financial assets traded is within one year. , such as the interbank lending market, commercial paper market, short-term treasury bill market, large negotiable certificate of deposit market, etc. It mainly solves the short-term capital turnover and balance adjustment problems of market participants.

2. Capital market refers to the financial market where the financial assets traded have a maturity period of more than one year or no maturity period, such as the stock market, the medium- and long-term treasury bond market, the medium- and long-term bank loan market, etc.

The financial market is divided into exchange market and over-the-counter market according to the organization method.

The secondary market has two organizational forms: exchange market and over-the-counter market. Financial markets such as stock exchanges, futures exchanges, and options exchanges are highly organized financial markets and are called exchange markets. Exchanges are divided into membership-based exchanges and company-based exchanges. The highest authority of a member-based exchange is the general meeting of members.

From a global perspective, with the development of the exchange market, more and more exchanges have adopted a corporate structure, and the highest authority is the shareholders' meeting.

Markets such as the bank credit market, the lending market, the foreign exchange market, and the gold market are traditionally relatively loose. They usually do not have fixed trading venues and do not necessarily have unified trading hours. Market participants communicate and trade through telephone, telegraph, Internet and other means. Compared with on-site transactions on exchanges, these markets are usually called over-the-counter markets, and in many cases are also called over-the-counter markets.

Financial markets can be divided into spot markets and derivatives markets based on delivery methods

Financial markets can be divided into spot markets and derivatives markets based on whether the transaction is for spot or future delivery. The spot market actually refers to the spot trading market, which is the most common trading method in the financial market. Compared with forward transactions, spot transactions refer to transactions in which buyers and sellers in the market must complete delivery procedures on the same day or within the final delivery period specified by the market. The derivatives market refers to the market for trading derivative instruments.

Derivatives usually refer to new financial instruments derived from underlying assets or underlying assets. They are generally expressed as some contracts, with the corresponding spot assets as the subject matter, and their prices are determined by the prices of their underlying assets. The transaction does not need to be delivered immediately, but can be delivered at a future point in time.

Common derivatives include forwards, futures, options, swaps, etc. Depending on the underlying assets, derivatives can be divided into commodity derivatives and financial derivatives.