[Autom. eng. transl.] Financial systems represent complex and dynamic architectures, able to perform a plurality of activities (or functions) essential for the functioning and development of modern economies. From a structural and institutional point of view, they are presented as sets of financial instruments, financial intermediaries, financial markets and regulatory and supervisory authorities. In this chapter some general themes on financial systems and models in financial intermediation are proposed. The first part of the chapter analyzes in detail the financial balances within an economy and describes the functions performed by the financial systems. The second part of the chapter deals with the general architecture of financial systems, identifying the main types of operating subjects and the typical contractual forms followed by the analysis of the evolution of intermediation models. The chapter concludes with the classification of financial markets.
|Translated title of the contribution||[Autom. eng. transl.] Financial systems and brokerage models|
|Title of host publication||Economia degli intermediari finanziari|
|Number of pages||43|
|Publication status||Published - 2017|
- Intermediari finanziari