A set of financial operators and operating rules used to trade various financial assets, primarily money, fixed income, and equities, in both the country’s currency and foreign currencies. A financial asset is a security or right over an easily convertible asset. Fixed income refers to the set of debt financial assets issued by states, public entities, private companies, and other organizations that offer a fixed return, although payment of the principal or interest is not guaranteed. It is composed of bonds, debentures, certificates of deposit, commercial paper, and treasury bills, among others. As it is considered a safer investment than others, its return is usually lower than that of equities, always depending on market fluctuations. On the other hand, equities are the set of financial assets issued by companies, known as the stock market. The return on investment is variable and depends on the management of the companies.
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