Moral code in financial markets Ms. Suraiya Lubna Research Scholar, Research Department of Commerce, St. Xavier's College, Palayamkottai, Tirunelveli Dist, Tamil Nadu State Online published on 11 October, 2019. Abstract During 1980s, the developing countries were on track liberalizing their economies. There has been a better weight on the development of equity markets as a part of financial reforms. India has also pursued this passageway. Financial assets enclose explicit properties like fiscal value, divisibility, convertibility, reversibility, liquidity and cash flow that differentiate the physical assets led to the emergence of financial markets. In order to create financial market more competent and feasible, the process of capital formation is reliant on the investment policies and efficient operations of financial intermediaries, facilitating the flow of savings and investments. The regulatory and supervisory structure has experienced significant structural transformation. Trading of currencies and bonds is largely on a bilateral basis, although some bonds trade on a stock exchange, and people are building electronic systems for these as well, similar to stock exchanges. Top Keywords Equity Markets, liquidity, financial markets, bilateral basis and stock exchanges. Top |