There are several types of financial markets, each with their own unique characteristics and functions.

1. Stock Market: This is where publicly traded companies sell their shares to investors. Investors can then trade these shares in the market, and the price of the shares is determined by supply and demand.

2. Bond Market: This is where government and corporate bonds are bought and sold. Bonds are a type of debt security, where investors lend money to the bond issuer in exchange for interest payments over time.

3. Foreign Exchange Market: This is where currencies are traded against each other. Forex traders bet on the future value of currencies, and fluctuations in currency prices can have a significant impact on global trade and investment.

4. Derivatives Market: This market includes financial instruments such as options, futures, and swaps. These are contracts that derive their value from an underlying asset, such as commodities, currencies, or stocks.

5. Money Market: This is where short-term debt securities are traded, such as treasury bills, commercial paper, and certificates of deposit. These securities are typically used by businesses and governments to manage their short-term cash needs.

Overall, financial markets allow investors and businesses to access capital and manage risk. The prices of financial instruments are determined by supply and demand, and fluctuations in prices can reflect broader economic trends and changing investor sentiment.