maarri1088 maarri1088
  • 28-06-2017
  • Business
contestada

You just purchased a share of ibm stock on the new york stock exchange. what kind of transaction was this?

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meerkat18
meerkat18 meerkat18
  • 12-07-2017
The answer is a secondary market transaction. The secondary market is the place where investors make a purchase and offer securities they officially claim. It is the thing that a great many people ordinarily consider as "the share trading system," however stocks are likewise sold on the essential market when they are first issued. The national trades, for example, the New York Stock Exchange (NYSE) and NASDAQ, are both secondary markets. 
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