Today I would like to speak about financial markets. What immediately comes to mind when hearing the term financial markets are stock prices and foreign exchange rates, which are discussed on a daily basis in newspaper articles and news reports, and firms and individual investors are very familiar with the markets.
At the same time, however, it can be said that once the discussion touches on the specific structures of transactions and pricing mechanisms, as well as interest rates, securities, and derivatives transactions, topics on financial markets turn out to be increasingly technical and require more expertise. Over the years, I have been involved with financial markets in various positions.