Financial markets refer to places where there are legal arrangements in place to facilitate buying and selling of financial assets (Fabozzi, Jones, Fabozzi, Mann, & Jones, 2019). The scope of financial markets in very large and covers areas such as capital markets, money markets, forex markets, commodities and government securities, and other related areas. Financial markets provide our diverse, interdependent economy with a large portfolio of financial services, including time preferences, risk distribution, risk diversification, the economy of transactions, the transmutation of contractual contracts, and financial management (Galaz & Pierre, 2017). In this research study, the area of interest is the capital markets also called as securities markets.
Capital markets consist of traders, brokers, banks, and intermediaries engaged in the purchase and selling of securities. Contracts, messaging networks that form a publicly recognizable financial system, laws, and partnerships are connected to the many individuals and organizations working in the financial markets. The financial market is mainly a domain consisting of traders, investors, and financial institutions (Bryan-wilson & Bryan-wilson, 2017b).
The word capital market is a broad phrase referring to institutions serving as agents, brokers, and intermediaries in financial transactions. The Agents and brokers are also called as traders who deal on behalf of investors who have no way to access the capital markets (Wood & Zaichkowsky, 2004). Since the area of research is oriented towards stocks and the procedure of investment in this asset type, the details of this specific market and its activities will be discussed in detail in the below sections.
For Citing this article:
- Patalay, S. (2021). Design and Development of A Financial Decision Support System For Stock Market Investors Using Artificial Intelligence and Machine Learning.