Money market where debt and stocks are traded and maturity period is more than a year is classified as

Money market where debt and stocks are traded and maturity period is more than a year is classified as capital markets. Capital markets refer to the places where savings and investments are moved between suppliers of capital and those who are in need of capital. Capital markets consist of the primary market, where new securities are issued and sold, and the secondary market, where already-issued securities are traded between investors.