ABSTRACT
Markets are meeting places for the purpose of buying and selling goods. The underlying transactions in financial markets relate not only to buying and selling but also include markets for investing, borrowing, swapping and establishing future and forward prices. Financial markets also provide the mechanism for:
The transfer of funds between original suppliers and end users in domestic and foreign currencies.
The transfer of risks between those who require protection and those who are prepared to accept them.
Current and future price determination through the process of bid and offered prices.
