Sunday 4 January 2015

Primary and secondary market

New issue market = it is also called primary market . this market in which a new issue of security in first sold to investors . this is not a separate market ..
Primary market is the part of the capital market ..
The process of selling new issues to investors is called as underwriting .. It is initial public offering ( IPO)
Features of primary market ÷
In this market the securities issued by the company directly to investors .


Secondary market operations - it is also called after market is a financial market in which previously issued financial instruments list of bonds options and features are bought and sold ..
And other users refer to loans which are sold by mortgage bank to investors .



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