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Lombard Street: A Description of the Money Market (1873) is an influential book by Walter Bagehot. Bagehot was one of the first writers to describe and explain the world of international and corporate finance PART I . History of Britain's First Opium Wars . 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The Tragedy of Romeo and Juliet Money markets serve five functions—to finance trade, finance industry, invest profitably, enhance commercial banks' self-sufficiency, and lubricate central bank policies.. Financing trade. The money market plays crucial role in financing domestic and international trade.Commercial finance is made available to the traders through bills of exchange, which are discounted by the bill market. Lloyd's Coffee House, which eventually became the global insurance market Lloyd's of London, moved to Lombard Street near the General Post Office from Tower Street in 1691. The location, on the south side of the street, is now occupied at street level by a supermarket. Lloyd's is now located in Lime Street, where its current building was completed in 1986. Man, Morals And Society Essays on religion. Updated world stock indexes. Get an overview of major world indexes, current values and stock market data. 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