The effects of globalization for international financial markets and aplications in Turkey

Rapid advances in information and communication technology, has eliminated the borders of the earth and the people living in different regions, communities or states have become more dependent on each other. This process is called globalization, dynamic and variable structure under the influence of the different areas of the world take each day, the current structure of the new expansions are continuously adapted.The concept of globalization, economic, social, political and cultural areas speak for themselves. However, we live in the greatest century of globalization in the world economy globalization of finance. The globalization of finance, financial markets eliminated the boundaries between the international competitions emerged and increased international capital flows. Financial globalization is the most important element related with acceleration of the globalization.Money due to the deepening of the international financial markets, search for higher returns gained an international dimension has become. To make a profit in order to avoid a higher risk of investors and investment areas accelerates the circulation of money in replacements. In addition, to increase the diversity of international instruments makes it more attractive to invest in these markets.Keywords: Globalization, International Financial Markets, Financial Market Instruments, Financial Developments, Crises.