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In finance, a financial market refers to such a market where people sell and purchase financial securities, commodities, various other fungible things of value at low transaction costs and at the amount that reflects supply demand. In the financial market, stocks and bonds come under securities, on the other hand, metals and agricultural products fall under commodities. When we talk about financial institutions,we can describe it as a system where a person can avail financial services.One of the primary functions of a financial institution is to act as a financial intermediary.
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