financial system

3. A decentralized global market for trading currencies
6. A marketplace for trading physical goods
9. A firm that provides financial protection against risks (life, health, property) in exchange for premium payments
10. An investment fund that pools money from many investors to purchase securities
11. A pool of assets that invests contributions to provide retirement income for employees
12. The national institution that manages a country’s currency, money supply, and interest rates
13. An investment company that utilizes its own funds or capital from other investors for its expansion and startup operations
18. A market for trading short-term debt investments
19. A bank that assists corporations in raising capital (via IPOs, bonds) and advises on mergers & acquisitions
20. A financial institution formed to facilitate the exchange of payments, securities, or derivatives transaction

1. A middleman who connects buyers and sellers to complete a transaction for stock shares, bonds, options, and other financial instruments
2. A firm that is approved to carry out statutory audits
4. A specialized financial institution responsible for providing securities services
5. A licensed financial intermediary accepting deposits and providing loans
7. A not-for-profit financial institution that accepts deposits, make loans, and provides a wide array of other financial services and products
8. A provider of small loans to underserved populations
14. A company that calculates credit ratings and provides them to financial organizations and other companies
15. A legal framework focused on the financial safety and stability of institutions and the broader financial system
16. A firm or individual who actively quotes both sides of a market in a particular security by providing bids and offers along with the market size of each
17. A marketplace where shares of publicly traded companies are bought and sold