GLOBAL FINANCIAL MARKETS (FIN10102)

Global Financial Markets (FIN10102)

Global Financial Markets (FIN10102)

Introduction

Stock market is a crucial part of an economy in any country. Historically, it has served a vital role in the growth of the industry and development of commerce of nations that ultimately contributes to the expansion of country's economy to a great magnitude. It is also said that the Stock market reflects the picture of the economy in any country. Reason being all the major industries operating in the economy is also listed on stock exchange and their performance is directly revealed in terms of their share price on stock exchanges. This is also the reason that when financial crisis struck global market which culminated in depressing performance of many industries, stock markets around the world reflected the negative impact of the crisis in terms of falling index figures. Therefore, it is important for not only from the point of view of industry but from the point of view of investors. The purpose of this essay is to highlight the importance of stock markets as primary as well as secondary security markets while also taking into consideration recent financial turmoil which has greatly impacted the stock markets around the globe.

Discussion

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Primary aMarket a

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3. aThe aappropriate agoverning abodies amust aapprove athe afinalized astatement aas awell aas aa afinal aprospectus, awhich adetails athe aissue's aprice, arestrictions aand abenefits ...