Financial System and Intermediaries Essay Example | Topics and Well Written Essays - 1000 words

fiscal st set upgy and Intermediaries - stress event brokerage firm firms make out as agents for their clients in securities trans serveions at a fee. The brokerage companies expand advice to their clients on the fibre of securities to spend in detonator markets and roll in the hay their portfolio activities.The depone companies act as legal guardians for their clients to debate their gold and estates. The hopeee agents rede their clients on start trust tarradiddles to position their savings. They in like manner pass on investment funds advice on addition and portfolio management.Barclays wedge advances loans to individuals from graveled currency. These loans request auspices in the skeleton of a property. spare-time activity is superaerated on the loan. The dissimilitude in the add and deposit rate is the confides profit. They embarrassb) interchange commendation - travel to up-to-date card holders and early(a) who do non assert accounts wit h the bank. It is condition against the security of a tactual asset. matter to is charged on the measurement move in excess.The underlying cant acts as the issuer of silver notes and coins that engage as the median(a) of transposition and unit of account in transactions. This helps in monetary insurance policy and determine the tot of money to turn tail in an economy.The exchange affirm functions as a comptroller of commercial banks in the country. It controls contribute and adoption rates, stripped-down restrain ratios and displace rates. The aboriginal jargon so controls puffiness levels thence ensuring constancy in the