Financial market

Uncommon card · No. 190818

A financial market is a marketplace where the pricing and trade of securities, commodities, currency, derivatives, or other financial products takes place. The term may refer to a specific stock or commodity exchange, or to the general process by which relevant economic activity is organized and carried out. Historically, a financial market was a specific and isolated physical venue where trading occurred, such as the New York Stock Exchange. Today, wholly-electronic platforms such as NASDAQ are common, the majority of physical exchanges also operate online, and individual exchanges are interconnected by the broad availability of pricing information. Decentralized markets, such as those used to trade cryptocurrencies, and direct transactions of financial products (including corporate actions), also play an important role in the global financial market.

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