Question What is a financial market? Explain nature of financial markets and who the major participants are. What is the role of ASX in financial markets? Outline the implication of overseas and domestic market influences on Australian business financial needs. Response Financial Markets Financial Markets are made up of the individuals, institutions and systems supplying excess funds to those who require them. The term ‘financial’ relates to money and ‘market’ indicates trading activity. Financial markets …showed first 75 words of 1038 total…

…showed last 75 words of 1038 total…increasingly be streamlined and standardized internationally. This will result in high quality, as well as high reliability of business reports. These reports allow clearing interpretation of financial position of companies all over the world because they are all based on and prepared in the same manor. Share Ownership Increasingly Australians are purchasing shares, many to do with large government organizations privatizing. This increasing large group continues to expand their wealth and help boost private savings.