Use app×
QUIZARD
QUIZARD
JEE MAIN 2026 Crash Course
NEET 2026 Crash Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
123 views
in Business Studies by (92.6k points)
closed by
You are working as a financial advisor. One of your clients asked, how securities are sold in secondary market. Give details in this context.

1 Answer

0 votes
by (92.4k points)
selected by
 
Best answer
In secondary market, securities are not directly issued by the company to investors. The securities are sold by existing investors to other investors. Sometimes, the investor is in need of cash and another investor wants to buy the shares of the company, that he could not get directly from the company.
Then, both the investors can meet in secondary market and exchange securities for cash through an intermediary called broker.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...