International financial markets

1. What is the difference between a financial asset and tangible asset? A financial asset is an asset whose value arises not from its physical embodiment but from a contractual relationship: stocks, bonds, bank deposits, currency, etc... whereas a tangible asset has a physical existence, such as cash, equipment, and real estate. 2. What is the basic principle in determining the value of financial asset? The basic principle to determine the price or value of a financial …

…Explain the role of the leader in a financial market. After having introduced significant values and options in the financial market, the first role of the leader is to provide a protection of the price for all market's participants. Also, in order to tend to the perfect market, the leader should try to maintain an enough transparent knowledge, a quite homogeneous product, and finally a warrantee of free entry and exit for sellers and buyers.