Seek the division of the money market and the trading regulation mechanism

I think what you should be asking about is the division of monetary hierarchies, right?! What the money market should be asking about is classification?! 【Monetary Hierarchy】Based on the liquidity of financial assets, the amount of money in circulation is divided into different levels.

Liquidity refers to the ability of financial assets to be converted into cash without loss or loss, that is, the ability to become a real means of circulation and payment method. Currencies with different degrees of liquidity change hands in circulation and form different purchasing power, which thus has different degrees of impact on the circulation of commodities and other economic activities. In the modern developed commodity economy, the scope of money circulation is constantly expanding, and the forms of money in circulation are diversified; in addition to cash and bank deposits, time deposits, state bonds, large-amount certificates of deposit, and life insurance policies are also widely regarded as having a monetary nature.

In order to predict and organize the purchasing power of money in the whole society and stabilize the flow of money, it is necessary to divide the monetary hierarchy according to the size of the liquidity. The specific way to classify monetary hierarchies varies from country to country, depending on the country's circumstances. But in theory and practice, the following basic principles of division are formed:

According to the liquidity of the currency, the time and cost required to convert deposits and other credit instruments into cash are taken as the standard. Where the conversion time is shorter and the cost is lower, the higher the monetary tier. The United States is divided into the following levels:

m,= banknotes + hard coins + bank demand deposits Gorge = m,+ fixed deposits and fixed deposits of commercial banks Quack = Gap + fixed deposits and fixed savings of other banks and savings institutions l = quack + other current assets The division in the UK is: m, two cash (paper money plus coins) + sterling deposits held by private individuals and the sector Gap two m; 10 Small Sterling Deposits in the Private Sector + Small Deposits in the Private Sector in Building Societies ** and 10 Ordinary Accounts of the National Savings Bank £2m, + Private Sterling Time Deposits and Demand and Term Deposits in the Public Sector m. Two m, ten pounds m, + various foreign currency deposits held by UK residents, money market classifications and main operations You can see this.

1. Short-term loan market: The capital loan market within one year is the main body of the money market;

2.Lending market: refers to the market in which various virtual liquid financial institutions use funds with each other in a short period of time;

3.Bills market: including bill acceptance market, bill discount market and bank cashier's note market;

4.Repurchase Agreement Market: Property of the same content, which then enters the market;

5. CDS market: the time deposit market can transfer a large amount;

6.Personal consumption credit market difference: Personal consumption credit refers to bank credit provided by banks or shops for residents' income.

The role of the money market.

1.The effect of capital integration: compared with the long-term funding requirement, the temporary funding requirement is the most important and commonly used funding requirement for external economic agents;

2.Management function: The management function of the money market is mainly to promote external economic entities to improve their management level and operational ability through their business activities;

3.Current policy transmission function: The money market has the function of the current currency transmission policy;

4. Promote market development: promote the development of the capital market, especially the first market.

Money market refers to a financial market consisting of financial assets with a duration of less than one year.

In general, the money market includes short-term Treasury bonds, short-term local** bonds, commercial paper and short-term negotiable certificates of deposit, but excludes certain commodities** with a duration of less than one year and financial derivative instruments.

The main task is to provide short-term financing or working capital of industrial and commercial enterprises, interbank loans and various short-term valuable transactions.

Money market financial instruments are characterized by high liquidity, short trading maturities, and low risk of default.

Market composition. An efficient money market should be one with breadth, depth and flexibility, with large market capacity, rapid flow of information, low transaction costs, active and continuous trading, and can attract a large number of investors and speculators to participate. The money market consists of six sub-markets: the inter-industry call market, the bill market, the large negotiable certificate of deposit market (CD market), the treasury bill market, the consumer credit market and the repurchase agreement market.

The money market is defined as the financing of funds with a maturity of less than one year, including the interbank lending market, the repurchase market, the short-term bill market, the treasury bill market and other sub-markets.

The money market is the sum of the supply and demand relationship formed by the exchange of short-term financial instruments with a maturity of less than one year and its operating mechanism.

The money market is a debt market.

The sub-markets include: interbank lending market, short-term bond market, short-term commercial paper market, bank acceptance bill market, large negotiable certificate of deposit market, common market, repurchase market and other sub-markets.