Stock/securities exchange

Commerce study Manual STUDY MANUAL|PDF NOTES|SYLLABUS|REVISION

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.



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