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Major functions of financial markets and institutions

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List the major functions of financial markets and institutions in a modern financial system.

I am having trouble with this question that I have to answer tonight. Help would be appreciated.

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Solution Summary

The solution details the major functions of financial markets and institutions.

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The major functions would be

1. Provide the medium in transferring savings of the individuals to the corporates for their investment needs.

2. The financial markets and institutions provide liquidity. Investors can sell off the financial assets for cash without much loss ...

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