The nonbanking financial market is an important component of economic development in any contemporary society. That, along with the banking market, determines the access to financing and good functioning of businesses, especially in the real sector of economy. The importance of the activity of nonbanking financial institutions is determined by the indirect financing of economie’s sectors. The organizing of nonbanking financial systems, in one country or another, determines the existence of different types of institutions that contribute to the development of the financial market. Thus, the development of international financial markets couldn’t have been possible without the fundamental contribution of financial intermediate institutions, meant to act as an interface between capital owners and those who need this basic resource for developing their businesses. By placing mobile assets, joint-stock companies and bond companies are looking to accumulate financial means from natural or legal persons to operate investments in the national economy. In this context, the capital market’s purpose is to collect the surplus of financial means(by emitting shares or bonds) and to invest it in the national economy.