Although many markets exist in the traditional sense—such as a marketplace—there are various other types of markets and various organizational structures to assist their functions.
Financial markets
Financial markets facilitate the exchange of liquid assets. Most investors prefer investing in two markets, the stock markets and the bond markets. NYSE, AMEX, and the NASDAQ are the most common stock markets in the US. Futures markets, where contracts future delivery of goods are exchanged, these are often and outgrowth of general commodity markets.
Currency markets are used to trade one currency for another, and are often used for speculation on currency exchange rates.
The money market is the name for the global market for lending and borrowing.
Prediction markets
Prediction markets are a type of speculative market in which the goods exchanged are futures on the occurrence of certain events. They apply the market dynamics to facilitate information aggregation.
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