Securities Markets Flashcards
Secondary markets
Markets that handle all the public buying and selling after primary markets
Primary markets
Markets that handle the initial public offerings of stocks and bonds
Four major types of financial markets
Stock market
Bond market
Money market
Derivatives market
Stock exchanges
Organizations that facilitate the buying and selling of stock
Over the counter (OTC)
Stocks that don’t meet the listing requirements of an exchange
Stock market
The combination of the various stock exchanges around the world and the OTC market
Bond market
The collective buying and selling if bonds; mostly done OTC
Money market
An OTC marketplace for short term debt instruments such as treasury bills and commercial paper
Derivatives market
Market that includes exchange trading and OTC trading