Prof. Dr AP Faure Financial System: An Introduction Download free books at Download free eBooks at bookboon.com 2 AP Faure Financial System: An Introduction Download free eBooks at bookboon.com 3 Financial System: An Introduction 1 st edition © 2013 Quoin Institute (Pty) Limited & bookboon.com ISBN 978-87-403-0592-0 Download free eBooks at bookboon.com Click on the ad to read more Financial System: An Introduction 4 Contents Contents 1 Lenders & borrowers 8 1.1 Learning objectives 8 1.2 Introduction 8 1.3 Dening the nancial system 8 1.4 Non-nancial lenders and borrowers 12 1.5 Summary 15 1.6 Bibliography 16 2 Financial intermediaries 17 2.1 Learning objectives 17 2.2 Introduction 18 2.3 Financial intermediation 18 2.4 Economic functions of nancial intermediaries 20 2.5 Financial intermediaries: classication and relationship 26 2.6 Financial intermediaries: intermediation functions 30 2.7 Summary 36 2.8 Bibliography 36 www.sylvania.com We do not reinvent the wheel we reinvent light. Fascinating lighting offers an infinite spectrum of possibilities: Innovative technologies and new markets provide both opportunities and challenges. An environment in which your expertise is in high demand. Enjoy the supportive working atmosphere within our global group and benefit from international career paths. Implement sustainable ideas in close cooperation with other specialists and contribute to influencing our future. Come and join us in reinventing light every day. Light is OSRAM Download free eBooks at bookboon.com Click on the ad to read more Financial System: An Introduction 5 Contents 3 Financial instruments 37 3.1 Learning objectives 37 3.2 Introduction 38 3.3 Financial instrument types 39 3.4 Share instruments 41 3.5 Debt instruments 45 3.6 Deposit instruments 49 3.7 Instruments of investment vehicles 52 3.8 Derivative instruments 54 3.9 Summary 55 3.10 Bibliography 55 4 Financial markets 57 4.1 Learning objectives 57 4.2 Introduction 57 4.3 Money market 60 4.4 Bond market 63 4.5 Share market 66 4.6 Foreign exchange market 70 4.7 Derivative markets 73 360° thinking . © Deloitte & Touche LLP and affiliated entities. Discover the truth at www.deloitte.ca/careers