O'Reilly logo

An Introduction to Trading in the Financial Markets: Market Basics by R. Tee Williams

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

1

The Buy Side

We begin our discussion of participants in the markets by exploring the buy side. These are firms and individuals that use the services of intermediaries (the sell side) to raise capital and to trade instruments both for investment and to profit from trading. Figure 1.1 shows buy-side entities.

image

Figure 1.1 Buy-side entities raise capital and invest disposable funds directly and use intermediaries in the trading markets.

Nonfinancial companies

Nonfinancial companies have two primary roles within the trading markets (see Figure 1.1.1). First, nonfinancial companies, together with many financial companies,1 are customers of the investment ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required