INTRODUCTION TO GLOBAL FINANCIAL MARKETS
As per the encyclopedia (http://www.bankpedia.org), the International Financial Market is the place where financial wealth is traded between individuals (and between countries). It can be seen as a wide set of rules governing various institutions where assets are traded between those in surplus to those in deficit.
The financial market comprises the markets (stock market, bond market, currency market, derivatives market, commodity market and money market), the institutions which work in them with different aims and functions (Central Bank, Ministry of Economy and Finance, Monte Titoli, BorsaItaliana and CONSOB), as well as direct/indirect policies orientated to making the market the place (not only a physical place but also an electronic or online place) where the exchange between surplus and deficit units is carried out as efficiently as possible.
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