This week’s topics
Financial Market Architecture
- Primary vs secondary markets
- Money markets and capital markets
- Foreign exchange and derivatives exchanges
- Over-the-counter (OTC) mechanisms vs regulated exchanges
- 21. Exchanges, Brokers, Dealers, Clearinghouses
- Lecture 29: Foreign Exchange, Foreign Exchange Market, Features, Participants
- Lecture 30: Functions of Foreign Exchange Market, Interest Rate, Relative Inflation Rate
What you will be able to do
- 1.1 Explain the structure of the different types of financial markets.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the structure of the different types of financial markets.
Study materials
Videos
- FM Topic Explainer: The nature and role of financial markets & institutions · YouTube · ACCA Student Study Resources · 31 min · for registered students
- What are Capital Markets? | Intro to Capital Markets (Part 1) · YouTube · Corporate Finance Institute · 11 min · for registered students
- Primary vs Secondary Market - Stock Exchanges | Capital Market # 14 | Economics | Dr Vidhya I V · YouTube · KnowHive · 26 min · for registered students
- Financial Markets and Services- Session 8:Secondary Markets · YouTube · Commerce Insights by Punith · 14 min · for registered students
Further resources
- Money and Banking, ch. 2: The Financial System · PDF · Saylor Academy, textbook chapter; pp. 12–36 · for registered students
- International Finance: Theory and Policy, ch. 4: Foreign Exchange Markets and Rates of Return · PDF · Saylor Academy, textbook chapter; pp. 152–173 · for registered students
- MIT 15.414 Financial Management, lecture notes: Raising Capital · PDF · Other, slides · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.