What is the essential purpose for financial markets


Discussion Post: Financial Markets

Provide a 4-5 sentence answer to the following questions:

• What is the essential purpose for financial markets?
• Which is more important, the primary market for stocks or the secondary market? Why?
• How does a Ponzi scheme work?
• Discuss some of the forces that help make markets efficient?
• What are institutional investors? Why are they needed in our economy?
• What are some of the differences between a forward contract and a futures contract?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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