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asked 10 months ago
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The primary function of the financial market is to allow the transference of funds from one party to the other. Financial markets help in the flow of funds and they are responsible for transferring the funds from those who have excess funds to those who need funds. In this way financial markets help in improving the economic efficiency. Financial markets can also increase the investment opportunities for those who need to apply their skills and they the benefits to those who want to earn something on their idle money. In this way financial markets play a very essential role in the economy.
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