Question

    Which type of market includes transactions in the stock exchange and the gilt-edged market?

    A Primary market Correct Answer Incorrect Answer
    B Secondary market Correct Answer Incorrect Answer
    C Tertiary market Correct Answer Incorrect Answer
    D Merchant banking Correct Answer Incorrect Answer

    Solution

    The secondary market, also known as the aftermarket, is where previously issued financial instruments such as stocks, bonds, options, and futures are traded among investors.

    Practice Next

    Relevant for Exams: