What is the market?

The market is a place where people buy and sell goods and services at agreed and communicated prices. Financial markets are places where people trade various financial assets.

Where have you heard of the market?

You might follow financial market news and you might hear people talking about "market" dynamics. A market is a general term used to discuss changing prices. Market prices fluctuate according to supply and demand.

What you need to know about the market...

A market is a place where you set prices, trade, and distribute goods and services.

The market may have a physical location (such as the London Stock Exchange) or it may be a virtual place for people to complete online transactions.

Financial markets include stock market, bond markets, commodity markets, money markets and derivatives markets.

Each country or financial center has its own market. The largest stock markets are located in New York, London and Tokyo.