2008•STUDIES AND SCIENTIFIC RESEARCHES ECONOMICS EDITIONOpen access

SECURITIES INTERMEDIARIES

Ion Țuțuianu

Abstract

The utility of comercial intermediation is obvious and represents a result of the needs created in the comercial surroundings. Doing comercial transactions on larger and larger scales calls for the need of using intermediaries for enhancing and improving the activity of the economical agent. This way, intermediation appears in between opposite related subjects: the economical agents that offer goods and services, and on the other hand, the persons who need these things.

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Key concepts: Intermediation, Intermediary, Financial intermediary, Business, Commerce, Goods and services, Industrial organization, Financial system