Яшил иқтисодиёт ва тараққиёт Ҷилди 4 № 3 (2026)
FINANCIAL MARKET PARTICIPANTS: A CLASSIFICATION BY ROLE AND RESPONSIBILITY
Khotamkulova, Madina
Аннотатсия
The financial market is one of the most complex and interconnected systems in the modern global economy.At the core of its functioning lies a diverse ecosystem of participants, each performing a distinct role that collectivelysupports price discovery, capital allocation, risk transfer, and liquidity provision. This article presents a systematicclassification of financial market participants into six primary groups: (1) retail investors, (2) institutional investors, (3)financial intermediaries, (4) regulatory and governmental bodies, (5) market infrastructure providers, and (6) non-financialcorporate participants. For each group, the study examines their defining characteristics, primary functions, behavioralmotivations, and systemic significance.
financial markets, market participants, institutional investors, financial intermediaries, market microstructure, regulatory framework, capital markets
Манбаи метамаълумот: бойгонии OAI-PMH-и маҷалла · Sindex матни пурраро нигоҳ намедорад, ба манбаъ пайванд медиҳад.