This is a place where various securities are traded(bought and sold)securities include shares of listed companies,debentures and government bonds.there are two main subsidiaries of this market ie.
- Primary market-this deals with securities that have been issued for the first time and in this case money will move directly from the investor to company issuing the shares.
- Secondary market-second hand shares stocks,debentures and other securities are sold and bought(exchange).
N.S.E usually facilitates both primary and secondary issues.