This document provides an overview of chapter 2 from a financial markets textbook. It discusses the roles that financial markets and intermediaries play in channeling funds from savers to borrowers. It describes the structure of financial markets, including debt, equity, primary and secondary markets. It also outlines the functions of financial intermediaries in reducing transactions costs and asymmetric information. Finally, it lists some common types of financial intermediaries such as banks, thrifts, insurance companies, and pension funds.
1. AN-NAJAH
NATIONAL UNIVERSITY
Faculty of Economics and
Administrative Sciences
Department of Finance
Financial Markets
Course Code 51458
Chapter 2
Overview of the Financial System
Dr. Muath Asmar