Confidential Document

Questions and Answers

To regulate the money supply

To enable price discovery and risk management

To facilitate the flow of capital between savers and investors (correct)

To provide a platform for buying and selling of financial assets

Derivatives Market

Money Market (correct)

Capital Market

Foreign Exchange Market

Low risk, low liquidity

Low risk, high liquidity (correct)

High risk, low liquidity

High risk, high liquidity

To regulate the money supply Signup and view all the answers

Stocks Signup and view all the answers

A theory that suggests financial markets are efficient Signup and view all the answers

Past prices and returns are reflected in current prices Signup and view all the answers

To buy and sell financial assets Signup and view all the answers

Study Notes

Un mercato financiari es un platforma donde individuos e institutiones commercia activos financiari como moneta, credito, e inversiones.
Functiones:
- Facilita le fluxo de capital inter savers e investitores
- Provisiona un platforma pro le compra e vendita de activos financiari
- Permite discoperta de precios e gestion de risco
- Facilita crescita e developpamento economic

Mercato de Moneta: commercia securities de debito de curtio termino (minus de 1 anno)
- Instrumentos: papiros commercial, billetes de thesaurus, certificatos de deposito
- Caracteristicas: basse risco, alta liquiditate, curtio termino
Mercato de Capital: commercia securities de debito e equity de longo termino (plus de 1 anno)
- Instrumentos: acciones, obligations, debentures
- Caracteristicas: risco elevate, bassa liquiditate, longo termino
Mercato de Cambio: commercia monetas estranier
- Instrumentos: taxas de cambio spot, taxas de cambio forward, futuros de moneta
- Caracteristicas: risco elevate, alta liquiditate, global

Investitores: individuos e institutiones que compra e vendita activos financiari
Intermediarios: bancos, brokerages, bancos de investimento, e altre institutiones financiari que facilita transactiones
Regulatores: agentias de governo e organisationes que supervisa e regula mercatos financiari
Bancos Central: responsabile pro politica monetari, regulante le Provision de moneta, e mantenente stabilitate financiari

Acciones: representa proprieta in un empresa
- Typos: acciones common, acciones preferite
Obligationes: securities de debito con interesse fixe e maturitate
- Typos: obligationes de governo, obligationes de empresa, obligationes de municipal
Derivativos: contractos que derive valor de activos subjacente
- Typos: options, futuros, swaps, forwards

Hypothesis de Efficiencia de Mercato (EMH): sugere que mercatos financiari es efficiente e reflecte tote information disponible
Typos de Efficiencia:
- Forma Debile: precios e redditiones passate es reflectite in precios currente
- Forma Semi-Forte: tote information publicamente disponibile es reflectite in precios currente
- Forma Forte: tote information, public e private, es reflectite in precios currente