Why do you think financial markets are required? What are your views on proper regulation of these markets?
profoundly changed the structure of the financial sector itself. More and more financial transactions now take place outside the deposit taking sector, meaning (among other things) that the portion of firms and assets subject to the stricter rules associated with bank regulation has shrunk too. This dynamic further complicates the task of economic management.
the supply of an item or service where there is
a demand for that item or service.
Trading of that item or service is created through a price mechanism. The price is based on the value of the item or service to the traders (buyers and sellers), depending on certain market factors.
There are different markets in a system, such as