目前,国际上主流的金融市场理论,以微观经济分析、实证研究和多学科交叉融合发展为主要风格,并与以货币理论与政策为基础的传统宏观金融学逐渐走向融合。归根结底,金融市场学理论研究的关注点最终都落在金融市场自身的运行、金融市场上参与者的行为以及金融市场与宏观经济政策的关系上。从广义上讲,金融市场是从事金融资产交易和融资活动所形成的供求、借贷、信用等关系的综合体系,也是进行各种票据、有价证券、外汇和金融衍生品买卖以及同业之间进行货币借贷的场所,包括股票、债券、期货、保险等各类金融交易活动。在发达市场经济体当中,金融市场在金融资源配置中发挥着基础性作 At present, the mainstream financial market theory in the world adopts the micro-economic analysis, empirical research and interdisciplinary development as the main style, and gradually merges with the traditional macro-finance based on monetary theory and policy. Ultimately, the focus of theoretical studies on financial markets falls ultimately on the operation of financial markets themselves, the behavior of participants in financial markets, and the relationship between financial markets and macroeconomic policies. In a broad sense, the financial market is a comprehensive system of relationships between supply and demand, loans and credit, which are formed through the transactions and financing activities of financial assets. It is also carried out between the trading of all kinds of notes, securities, trading of foreign exchange and financial derivatives, and inter-bank transactions Monetary lending places, including stocks, bonds, futures, insurance and other financial transactions. Among developed market economies, financial markets play a fundamental role in the allocation of financial resources