Money is a commodity that is traded in the market just like any other commodity. Traders come together to negotiate the price of money market instruments and foreign currency, and the terms of those transactions, either on their own behalf or for their customers. In this Course, you will learn how the money markets operate and you will be introduced to its components, language and terminology. When you complete the Introduction to Money Markets, you will be able to:
. Recognize the main characteristics of the domestic and foreign money markets.
. Recognize how the Treasury manages the bank's cash flows using the money markets.
Calculate interest rates in its various forms and recognize how money is transacted in the market.