1, the money market is mainly the market where the term of capital lending is 1 year or less. Mainly including: interbank lending, repurchase agreements, bill market, large negotiable certificates of deposit market and treasury bill market.

2. The capital market, also known as the long-term capital market, is a place to buy and sell medium and long-term credit instruments and realize long-term financing. Generally speaking, it refers to the market where the loan period of funds is longer than 1 year. It can be subdivided into stock market, bond market, fund market and financial derivatives market.

3. Financial market, as its name implies, is the market for financing. It includes money, capital and foreign exchange markets, and sometimes it also includes the yellow market and insurance market. In short, all money-based markets can be classified as financial markets.

The foreign exchange market refers to a trading place engaged in foreign exchange transactions, or a place where different currencies are exchanged.

Financial market analysis

The primary market is not well known to the public because the process of selling securities to initial buyers is not open. Investment bank is an important financial institution to assist the initial sales of securities in the primary market. The practice of investment banks is underwriting securities, that is, they ensure that the company's securities can be sold at a certain price and then sold to the public.

The primary stock market refers to the primary stock market, that is, the issuance market, where investors can subscribe for the shares issued by the company. Issuers raise funds needed by the company through the primary market, and investors buy shares of the company and become shareholders of the company to realize the process of converting savings into capital.

In western countries, the primary market is also called the securities issuance market, the primary financial market or the primary financial market. In the primary market, demanders can obtain funds by issuing stocks and bonds. In the process of issuance, issuers generally do not directly deal with buyers who hold money, but need an intermediary, namely a securities broker. Therefore, the primary market is also the securities broker market.

Main functions: to provide channels for fund demanders to raise funds; Provide investment opportunities for fund providers and realize the transformation from savings to investment; Form a revenue-oriented capital flow mechanism to promote the continuous optimization of resource allocation.