interbank market
Repurchase agreement market
Commercial paper market
Bank acceptance bill market
Large negotiable certificate of deposit market
Short-term bond market
bond market
stock market
Fund market
foreign exchange market
gold market
Financial derivatives market
I studied financial market operation and investment during my graduate school, and I prefer the above classification. The classification of textbooks is generally as follows.
1. According to the geographical scope of financial markets, financial markets can be divided into domestic financial markets and international financial markets.
There is a certain connection between international financial market and domestic financial market. Historically, with the high development of commodity economy, the domestic financial market has taken shape. When the business activities of domestic financial markets in various countries are gradually extended and infiltrated with each other, an international financial market centered on domestic financial markets in some countries and connected with financial markets in various countries is formed. In other words, the formation of international financial market is based on the development of domestic financial market to a certain height. At the same time, the formation of international financial market has further promoted the development of domestic financial market.
2. According to the types of business or financial products, financial markets can be divided into money market, capital market, foreign exchange market, insurance market, gold market and other markets (such as leasing market and pawn market).
Money market, also known as short-term capital market. It is a market for short-term capital trading activities in less than one year. In the money market, short-term borrowing of funds is usually realized by issuing short-term bonds and commercial bills through some trading methods such as discount and lending business, so as to meet the needs of both the supply and demand sides of short-term funds in the financial market. Money market includes bill market and interbank lending market.
Capital market, also known as long-term capital market, is an active market for long-term capital transactions for more than one year. The function of the capital market is to raise long-term funds for fund demanders. Trading activities in the capital market are usually divided into two categories. First, the demanders of funds issue and buy and sell all kinds of securities, including bonds and stocks. Second, the demanders of funds directly obtain long-term loans from banks.
Other commercial markets have special chapters.
3. According to the function of financial market, financial market is divided into issuing market and trading market. Distribution market, also known as primary market or primary market. Refers to the activities and places where various newly issued securities are sold for the first time. Securities are issued by subscription and underwriting. Underwriting is the main marketing method of securities issuance because it is not easy for issuers to directly trade with scattered and numerous currency holders.
The trading market, also known as the circulation market or the secondary market, is a market where all kinds of securities are traded by hand. Securities trading is divided into two forms: on-site trading and off-site trading. The former is a large-scale, active and organized trading activity in a specific place. The latter is usually a small and scattered transaction conducted by telephone.
4. According to the transaction mode, it can be divided into securities market and lending market. The securities market is a market for the issuance and circulation of securities. It deals with stocks, bonds, bills, warrants and contracts. The lending market is a market that directly deals with money, and its transaction content is essentially the transfer of the right to use money.
5. According to the trading period, it can be divided into long-term capital market and short-term capital market. The former refers to the capital market, while the latter refers to the money market.
6. According to whether the transaction has a fixed place, it can be divided into tangible market and intangible market. The tangible market refers to an organized market with fixed trading places, specialized institutions and personnel, and specialized equipment. Intangible market is a conceptual market, that is, there is no fixed trading place, and its transactions are contacted and completed by telex, telephone and telegram.
7. According to the delivery time of trading financial products, it can be divided into spot market and futures market. Spot market refers to the cash trading market, that is, the buyer pays cash and receives securities or bills; The seller delivers securities or bills and receives cash. This kind of transaction is usually delivered on the same day as the transaction, and it can't exceed three days at most. Futures trading means that after the two parties reach an agreement, they do not deliver immediately, but deliver after a certain period of time. ...& gt& gt
Question 2: What is the definition standard of money market? What products does it contain and how are they traded? The financing period is less than 1 year, aiming at making full use of the existing productivity.
The term of the capital market is more than one year, aiming at generating new productivity.
Question 3: What markets does the financial market include, including capital, currency, foreign exchange, commodity futures, financial futures, gold and property rights markets? At present, the diamond trading market has also been included in the financial market. The Shanghai Diamond Exchange has opened.
Question 4: What are the main financial instruments in China's money market? Money market ingot refers to the market where short-term financing is carried out by financial instruments with a maturity of less than 1 year. From the perspective of transaction objects, the money market is mainly composed of sub-markets, such as interbank lending, bills, treasury bills, repurchase agreements, etc.
The main tools of China's money market: interbank lending, central bank bills and repurchase agreements.
Question 5: What money market instruments are available in China? Money market instruments include
1. Bank time deposits and certificates of deposit within one year (including one year);
2. Bonds with a remaining maturity of less than 397 days (inclusive);
3. Bond repurchase with a term of less than one year (including one year);
4. Central bank bills with a term of less than one year (including one year);
5. Other financial instruments with good liquidity recognized by China Securities Regulatory Commission and China People's Bank.
Question 6: How many banks in China currently issue currency? The first set of RMB of China People's Bank was established by China People's Bank on February 1948+ 1, and was issued at 9: 00 am that day. At that time, I was the head of the distribution department of the head office of the People's Bank of China, and was the person in charge of the first batch of RMB put on the market. So I have the opportunity to collect the first RMB issued by the People's Bank of China. The first RMB with a face value of 50 yuan; The number is Roman crown word (II II III), and the number is 0000000 1. The front pattern is light blue with lace sorghum red, the picture is black, the middle flower symbol is light purple, the words "People's Bank of China" are written horizontally above, the words "Warrior Yuan" are written in the middle, and the words "Thirty-seven years of the Republic of China" are written in the middle of the bottom; On the left is "waterwheel" and on the right is "coal mine". On the upper left and right are Roman crowns and numbers, and on the lower right and lower left are "General Manager Seal" and "Deputy Manager Seal". The pattern on the back is: yellow-brown background, dark brown back edge, with "People's Bank of China" right above, and "50" in the middle and left and right. Renminbi issued by the People's Bank of China is the birth and establishment of the legal tender and monetary system in New China. Is the demise of the old China monetary system; It is an epoch-making event in the history of China's currency, and it is the beginning of the development of China's socialist currency from scattered' local' to national unified currency. As 1 948 65438+February1day, when analyzing the RMB issue and the collapse of the * * * gold certificate at the inaugural meeting of the People's Bank of China, General Manager Nan said: "Here is victory, there is failure; Here is the consolidation of development, and there is the collapse and demise. " The first RMB is the symbol of the People's Bank of China, which is of epoch-making significance in the monetary history of China. 1. The appearance of the first RMB divided the modern monetary history of China into two historical periods: the first RMB appeared in 1948 12-0 1, which was preceded by the monetary system of old China. 2. The appearance of the first RMB announced the beginning of China's unified RMB market and the end of the chaotic money market in old China. 3. The appearance of the first RMB announced that China's socialist currency was issued by local banks and developed into national legal paper money issued by the central bank, thus making China's socialist banks and currencies enter a new historical development period. 4. The appearance of the first RMB marks the nationwide victory of China Revolution and the victory of financial warriors who have fought bloody battles for more than 20 years. At present, the first RMB banknote is the only first edition 1 banknote preserved by central banks all over the world, which has attracted the attention of coin historians, coin collectors and coin lovers at home and abroad. -/kloc-at the beginning of 0/984, Guangdong Branch of the People's Bank of China lent the first RMB to the exhibition at the Shenzhen Coin Exhibition. -The first picture of RMB was published in China Coin No.4 1986, the journal of China Coin Society, and the announcement of the establishment of China People's Bank in North China, the announcement of the establishment of China People's Bank and the fact that I kept the first RMB. -1988 12 To commemorate the 40th anniversary of the founding of the People's Bank of China, the Financial Times published the first photo of RMB and related information. -1 990 May130, I exhibited the first RMB in the "Currency Collection Exhibition in Revolutionary Bases" held in Huitong Temple, Beijing, with an audience of about 5,000 ~ 6,000 people. -The third issue of "Shanghai-Hong Kong Economy" (1996) published in Hong Kong published the first photo of RMB, and published a report article about the first RMB by Jin Ya, the host of Shanghai Oriental Radio Station. -1In August, 995, to commemorate the 50th anniversary of War of Resistance against Japanese Aggression's victory, the Beijing Banknote Printing Factory Old Workers Association copied the first RMB as an "ornamental coin" and gave it to coin lovers. In addition, newspapers and TV stations such as People's Daily, CCTV, China Finance, Financial Research, Press and Publication, Beijing Evening News, Yangcheng Evening News, Labor, Nanfeng Daily, China Weekend, World, and Shopping Guide also published the first RMB. Due to various publicity, I made a splash by collecting the first RMB, and I was also troubled by collecting the first RMB. Some coin collectors in the society often write to me, call me, and even pay a high price for my first RMB. Some of them paid 5,000 yuan, others paid 50,000 yuan, and even ... >>
Question 7: What are the types of financial markets? Hello, to put it simply: money market, interbank lending market, repurchase agreement market and commercial paper market.
Bank acceptance bill market, negotiable certificate of deposit market, short-term bond market
Bond market, stock market, fund market, foreign exchange market, gold market and financial derivatives market.
I studied financial market operation and investment during my graduate school, and I prefer the above classification. The classification of textbooks is generally as follows.
1. According to the geographical scope of financial markets, financial markets can be divided into domestic financial markets and international financial markets.
There is a certain connection between international financial market and domestic financial market. Historically, with the high development of commodity economy, the domestic financial market has taken shape. When the business activities of domestic financial markets in various countries are gradually extended and infiltrated with each other, an international financial market centered on domestic financial markets in some countries and connected with financial markets in various countries is formed. In other words, the formation of international financial market is based on the development of domestic financial market to a certain height. At the same time, the formation of international financial market has further promoted the development of domestic financial market.
2. According to the types of business or financial products, financial markets can be divided into money market, capital market, foreign exchange market, insurance market, gold market and other markets (such as leasing market and pawn market).
Money market, also known as short-term capital market. It is a market for short-term capital trading activities in less than one year. In the money market, short-term borrowing of funds is usually realized by issuing short-term bonds and commercial bills through some trading methods such as discount and lending business, so as to meet the needs of both the supply and demand sides of short-term funds in the financial market. Money market includes bill market and interbank lending market.
Capital market, also known as long-term capital market, is an active market for long-term capital transactions for more than one year. The function of the capital market is to raise long-term funds for fund demanders. Trading activities in the capital market are usually divided into two categories. First, the demanders of funds issue and buy and sell all kinds of securities, including bonds and stocks. Second, the demanders of funds directly obtain long-term loans from banks.
Other commercial markets have special chapters.
3. According to the function of financial market, financial market is divided into issuing market and trading market, also called primary market or primary market. Refers to the activities and places where various newly issued securities are sold for the first time. Securities are issued by subscription and underwriting. Underwriting is the main marketing method of securities issuance because it is not easy for issuers to directly trade with scattered and numerous currency holders.
The trading market, also known as the circulation market or the secondary market, is a market where all kinds of securities are traded by hand. Securities trading is divided into two forms: on-site trading and off-site trading. The former is a large-scale, active and organized trading activity in a specific place. The latter is usually a small and scattered transaction conducted by telephone.
4. According to the transaction mode, it can be divided into securities market and lending market. The securities market is a market for the issuance and circulation of securities. It deals with stocks, bonds, bills, warrants and contracts. The lending market is a market that directly deals with money, and its transaction content is essentially the transfer of the right to use money.
5. According to the trading period, it can be divided into long-term capital market and short-term capital market. The former refers to the capital market, while the latter refers to the money market.
6. According to whether the transaction has a fixed place, it can be divided into tangible market and intangible market. The tangible market refers to an organized market with fixed trading places, specialized institutions and personnel, and specialized equipment. Intangible market is a conceptual market, that is, there is no fixed trading place, and its transactions are contacted and completed by telex, telephone and telegram.
7. According to the delivery time of trading financial products, it can be divided into spot market and futures market. Spot market refers to the cash trading market, that is, the buyer pays cash and receives securities or bills; The seller delivers securities or bills and receives cash. This kind of transaction is usually delivered on the same day as the transaction, and it can't exceed three days at most. Futures trading means that after the two parties reach an agreement, they do not deliver immediately, but deliver after a certain period of time. ...& gt& gt
Question 8: What are the monetary policies commonly used by the central bank in China? The monetary policy tools of the People's Bank of China are as follows:
Traditional tools
① deposit reserve system
② rediscount policy.
③ Open market business
Known as the "three magic weapons" of the central bank. Mainly from the total money supply and credit scale adjustment.
Selection tool
① Consumer credit control;
Monetary policy tool
(2) Credit control in the securities market;
③ Real estate credit control;
4 preferential interest rate;
⑤ Special deposit
appurtenance
① Direct credit control tools refer to various measures taken by the central bank to directly intervene in the credit creation business of commercial banks according to law, mainly including credit distribution, direct intervention, liquidity ratio, interest rate restrictions and special loans;
(2) Indirect credit control tools refer to the central bank's special position in the financial system to guide its credit activities through consultation and publicity with financial institutions, thus controlling credit. The main ways are window guidance and moral advice.
New tools
2013165438+16 October, the website of the Bank of China added the column of "Standing Loan Facility (SLF)", which marked the official use of this new monetary policy tool. The central bank created this tool in early 20 13.
The so-called standing loan facility is a more direct financing method for commercial banks or financial institutions to apply for credit lines from the central bank through asset mortgage according to their own liquidity needs. Because the standing loan facility provides a "one-to-one" mode between the central bank and commercial banks, this currency operation mode is more like customized financing and structured financing.
The main features of the standing loan facility are: first, it is initiated by financial institutions and can apply for the standing loan facility according to its own liquidity needs; Second, the standing loan facility is a one-to-one transaction between the central bank and financial institutions, which is highly targeted. Third, standing loan facilities have a wide range of counterparties, usually covering deposit-taking financial institutions.
Question 9: 1. What are the main money market instruments? 2. What is repurchase? 1. The main money market instruments are short-term government bonds, large negotiable certificates of deposit, commercial paper, bank acceptance bills, repurchase agreements and other money market instruments.
Money market instruments refer to debt instruments with a maturity of less than or equal to 1 year. They are highly liquid and belong to fixed income securities. Because the trading of these securities is a block trade in many cases, it is difficult for individual investors to participate in the trading of these securities. They indirectly participate in the investment of these securities through money market funds.
2. Repurchase, also known as compensation trade, means that one party to a transaction promises to buy a certain number of products produced by machinery, equipment or technology and export them to the other party at the same time. This practice is the basic form of product repurchase. Sometimes, both parties can also purchase other products provided by the importer by the exporter of machinery or equipment through agreement. The repurchase method is relatively simple, which is beneficial to enterprise cost accounting and is widely used.
Question 10: What are the virtual currencies in China? Virtual currency refers to unreal currency. Well-known virtual currencies such as Baidu's Baidu Coin, Tencent's Q Coin and Q Point, as well as Shanda's counting coupons and Sina's micro coins (used for reading in micro game and Sina, etc.). ), Chivalrous Yuanbao (for Chivalrous Games), Wen Yin (for Lan Xue Games), 20 13 digital currency Pop, Bitcoin, Litecoin, Infinite Coin, Quark. At present, there are hundreds of digital currency species distributed all over the world. Most of the above are foreign currencies. As far as I know, the best trend is the "acceptance currency" issued by China Currency Stock Connect.