Stock exchange market deals with

JAMB Economics 2024 115 views
Source: JAMB · 2024

Stock exchange market deals with

  1. exchange of stock fish for stock
  2. exchange of treasury bills
  3. sales of foreign exchange
  4. sales of second hand securities ✓
Explanation

The stock exchange is where existing shares are bought and sold. Once a company issues shares, they trade here.

Second-hand securities are previously issued stocks and bonds. The exchange lets investors trade them.

New issues happen in the primary market. Resales happen on the stock exchange, the secondary market.

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