Why Non- Banking Financial Companies are Game Changers?
Financial markets offer a platform for trading of financial claims and services. The participants on the demand and supply sides of these markets are financial institutions, agents, brokers, dealers, borrowers, lenders, savers, and others who are inter-linked by the laws, contracts, covenants, and communication networks of the land.
Financial markets are sometimes classified as primary (direct) and secondary (indirect) markets, where primary markets deal in new financial claims or new securities and, therefore, they are also known as New Issue Markets.
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