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Commerce · Q944

Financial Management

Graduate and Post Graduate · Commerce · question 944

Q944

New York Stock Exchange and Nada stock market are classified as types of

A.
primary stock market
B.
equity market
C.
secondary stock market
Answer
D.
public offering market

Answer: Option C

Solution

Answer: Option C
Solution:
New York Stock Exchange and Nada stock market are classified as types of secondary stock market. The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued.