Home / Questions / Define each of the following terms: a. Spot markets; futures markets b. Money marke...
Define each of the following terms:
a. Spot markets; futures markets
b. Money markets; capital markets
c. Primary markets; secondary markets
d. Private markets; public markets
e. Derivatives
f. Investment banks (IBs); commercial banks; financial services corporations
g. Mutual funds; money market funds h. Exchange traded funds; hedge funds; private equity companies
i. Physical location exchanges; over-the-counter (OTC) market; dealer market
j. Closely held corporation; publicly owned corporation
k. Going public; initial public offering (IPO) market
l. Efficient markets hypothesis (EMH); arbitrage
m. Behavioral finance
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