2. Financial market plays a very important role in the market economy system. It 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.
Extended data:
Financial markets can be classified from different angles:?
1. According to the financing term, it can be divided into short-term financial market and long-term financial market. Short-term financial market, also known as money market, includes bill discount market, short-term deposit and loan market, short-term bond market and interbank lending market. Long-term financial market is also called capital market, including long-term loan market and securities market.
2. According to the transaction object, it can be divided into local currency market (including money market and capital market), foreign exchange market, gold market and securities market.
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