Stock exchange markets are called 'secondary markets'. State true or false.
True
False
True. Stock exchange markets are called 'secondary markets', because in stock exchanges, trading of existing securities occurs.
A___ is more commonly known as second-hand security market or stock exchange market?
'Efficient functioning of stock exchange creates a conducive climate for active and growing primary market for new issues as well as for an active and healthy secondary market.' In the light of this statement state any three functions of a stock exchange.