Financial Market.

In economics, typically, the term market means the aggregate of possible buyers and sellers of a thing and the transactions between them.
The term "market" is sometimes used for what are more strictly exchanges, organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (like the NYSE) or an electronic system (like NASDAQ). Much trading of stocks takes place on an exchange; still, corporate actions (merger, spinoff) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell stock from the one to the other without using an exchange.
Trading of currencies and bonds is largely on a bilateral basis, although some bonds trade on a stock exchange, and people are building electronic systems for these as well, similar to stock exchanges.
Financial markets can be domestic or they can be international.

Types of financial markets:
The financial markets can be divided into different subtypes:
>Capital markets which consist of:
1.Stock markets, which provide financing through the issuance of shares or common stock, and enable the subsequent trading thereof.
2.Bond markets, which provide financing through the issuance of bonds, and enable the subsequent trading thereof.
>Commodity markets which facilitate the trading of commodities.
>Money markets which provide short term debt financing and investment.
>Derivatives markets which provide instruments for the management of financial risk. =Futures markets which provide standardized forward contracts for trading products at some future date; see also forward market.
>Insurance markets which facilitate the redistribution of various risks.
>Foreign exchange markets which facilitate the trading of foreign exchange.
The capital markets consist of primary markets and secondary markets. Newly formed (issued) securities are bought or sold in primary markets. Secondary markets allow investors to sell securities that they hold or buy existing securities.