TAILIEUCHUNG - Lecture Financial institutions, instruments and markets: Chapter 1 - Christopher Viney

Chapter 1 - The financial system. This chapter explain the functions of a financial system, describe the main classes of financial instruments issued in a financial system, distinguish between various types of financial markets according to function, discuss the flow of funds between savers and borrowers, including direct and intermediated finance,. | PowerPoint Slides to accompany Financial Institutions, Instruments and Markets Fourth Edition by Christopher Viney Designed and Written by Anthony Stanger School of Commerce The Flinders University of South Australia Copyright 2003 McGraw-Hill Australia Pty Ltd Chapter 1 The Financial System Websites: Learning Objectives Explain the functions of a financial system Describe the main classes of financial instruments issued in a financial system Distinguish between various types of financial markets according to function Discuss the flow of funds between savers and borrowers, including direct and intermediated finance Learning Objectives (cont.) Appreciate the influence of globalisation on financial markets Categorise the main types of financial institutions Understand the impact of a financial crisis on a financial system and a real economy Chapter Organisation Introduction Functions of the Financial System Financial Instruments Financial Markets Impact of Globalisation Financial Institutions Summary Introduction Money Medium of exchange Allows specialisation in production Solves the divisibility problem, . where medium of exchange does not represent equal value for the parties to the transaction Facilitates saving Store of wealth Introduction (cont.) Role of markets Facilitate exchange by Bringing opposite parties together Establishing rates of exchange, . prices Surplus units Savers of funds available for lending Deficit units Borrowers of funds for capital investment and consumption Introduction (cont.) Financial instrument Issued by a party raising funds, acknowledging a financial commitment and entitling holder to specified future cash flows Flow of funds Movement of funds through the financial system between savers and borrowers giving rise to financial instruments Introduction (cont.) Financial system Financial institutions, .

• Tài chính doanh nghiệp
• Financial institutions
• Financial Instruments
• Financial markets
• Financial system
• Impact of globalisation
• Functions of the financial system
• Lecture Financial markets and institutions
• Financial institutions markets
• Risks at financial institutions
• Market risk
• Savings institutions
• Credit unions
• Commercial banks
• Financial statements
• Financial markets and institutions
• Interest rates change
• Financial institutions exist
• Central banking
• Capital markets
• Money markets
• Interest rate fundamentals
• Interest rates
• Security valuation
• Federal reserve system
• Monetary policy
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Foreign exchange
• Derivative securities markets
• Futures markets
• Commercial bank liabilities
• Regulation of commercial banks
• Deposit guarantee funds
• Insurance companies
• Life insurance companies
• Securities firms
• Investment banks
• Mutual funds
• Hedge funds
• Pension funds
• Private pension funds
• Managing credit risk
• Balance sheet
• Managing liquidity risk
• Managing interest rate risk
• Insolvency risk
• Managing risk
• Loan sales
• Managing risk off the balance sheet