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Author Question: Why is a stock exchange like NASDAQ considered a secondary market? (Read 97 times)

jwb375

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on: Jul 9, 2019
Why is a stock exchange like NASDAQ considered a secondary market?
◦ Shares sold on it are exchanged between investors without any involvement of the issuing corporation.
◦ It trades the second largest volume of shares in the world.
◦ NASDAQ is called a secondary market because NYSE is considered a primary market.
◦ The exchange has rules that attempt to ensure that bid and ask prices do not get too far apart
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by jwb375 on Jul 9, 2019

dpost18

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jwb375

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Reply #2 on: Jul 9, 2019
Excellent


dpost18

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Reply #3 on: Jul 9, 2019
Great! Please up vote :D


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