How are the financial markets classified? Who are the borrowers and savers in financial markets?
Financial markets are classified based on the following points;
- underlying asset
- delivery date
- maturity
- players
In addition, we know that financial markets bring borrowers and savers to exchange needs. In financial markets:
- Borrowers are firms, government, households, and foreigners, respectively.
- Savers are households, firms, government, and foreigners, respectively.
