Financial system: Difference between revisions
WikiSysopIG (talk | contribs) Created page with "A '''Financial system''' is a network of financial institutions, financial markets, financial instruments, payment systems, and regulatory frameworks that facilitates the creation, transfer, allocation, and management of financial resources. A simplified representation is: <math> \text{Financial System} = \text{Financial Institutions} + \text{Financial Markets} + \text{Financial Instruments} + \text{Payment Systems} +..." |
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\rightarrow | \rightarrow | ||
\text{Investment} | \text{Investment} | ||
</math> | |||
==Components== | ==Components== | ||
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* [[Commodity market|commodity markets]]. | * [[Commodity market|commodity markets]]. | ||
A simplified representation is: | A simplified representation of their functions is: | ||
<math> | <math> | ||
\text{Financial Markets} | \text{Financial Markets} | ||
\rightarrow | \rightarrow | ||
\text{Issuance} | \begin{cases} | ||
\text{Issuance}\\ | |||
\text{Trading} | \text{Trading}\\ | ||
\text{Price Discovery} | \text{Price Discovery} | ||
\end{cases} | |||
</math> | </math> | ||