2. Financial market plays a very important role in the market economy system.
L) is conducive to improving the efficiency of the use of social funds. Opening the financial market can effectively absorb hot money and idle funds from all corners of society, and form a mechanism to redistribute funds between departments and regions according to the supply and demand of money. In addition, in the capital market, funds flow freely in the pursuit of interests, which will inevitably flow to departments with high economic benefits. Financing in the market is also conducive to the scale efficiency of funds. Financing can meet the needs of commodity production and commodity circulation changes in time and effectively promote the rational allocation of production factors in the whole society.
2) It is beneficial for enterprises to become independent commodity producers with negative profits and losses. Capital is an important factor of production. If there is no financial market, enterprises cannot have the power to raise and use funds, and they also have no power to choose and use production factors. At the same time, the financial market can also strengthen the credit constraint on enterprises, enhance the investment risk and time value concept of enterprises, improve the self-restraint mechanism of enterprises, and promote enterprises to operate independently and be responsible for their own profits and losses.
3) it is conducive to the market mechanism to play its role. A complete market mechanism is based on objective laws, such as law of value, law of supply and demand, etc.