May 05, 2021

A financial market is a mechanism that brings together buyers and sellers to enable the voluntary exchange of assets, rights, obligations, and other items of value. It includes a process for delivery once a transaction is agreed upon. An economy that relies primarily on interactions between buyers and sellers to allocate resources is known as a market economy, and within a market economy, both general markets (where many securities or commodities are traded) and specialized markets (where only one security or commodity is traded) exist.