International financial market consisting of several spezialized markets on which bank loans and bond and equity issues are transacted in Eurocurrencies such as Eurodollars, Euro-DEM and Euro-FRF. Despite its name, the Euromarket is by no means confined to Europe geographically; the most important trading currency is the US dollar. Since the introduction of the euro the term 'international financial market' is increasingly being used. See also Euromoney market, Eurocapital market.