**3.1 The mechanism of dealing in international financial markets and financial capital flows**

Securities are issued either denominated in real currencies traded in a country, and this is mostly either "Arithmetic" or "Compound" monetary units that are not traded, but are used only as units of measurement, because of the advantages of real currencies to avoid the fluctuations that may occur on the currency that may it harms the interests of dealers in the financial market and is dealt with in these markets according to indicators in the light of which the trends practiced by investors, speculators and financial analysts in the financial markets are determined which are:


to the conditions and fees imposed by them that are rarely related to the quality and effectiveness of performance.

7.Securities holders, especially bond holders, need to tighten their protection not from risks in the normal market resulting from changes in interest rates, exchange rates or credit of securities, but rather the risks resulting from the failure of debtors (especially in the bond market) to perform their obligations, represented by the difficulty of obtaining On foreign currencies when paying or delaying the payment of interests and installments, or imposing exchange control or imposing taxes, such as taxes on transfers and so on.

Therefore, if the market achieved progress or supply and was not accompanied by heavy trading, then the prices remain unchanged or tend to decline due to the relative stagnation of participation, and thus investors are directed towards liquidating their investments as prices continue with downward trends. Hence, it becomes clear to us that the intensity of trading and the increase in prices is what generates the demand, which is followed by the occurrence of successive increases after that; therefore, demand is not the only thing that leads to an increase in prices in the financial markets [22].

Thus, this market has characteristics that differ from what it is in the investment markets and consumer goods markets, which reflect the effectiveness of the investment process mechanism in those markets, represented by the following [23]:
