Which of the following is not a secondary equity market? a. All of the above are secondary equity markets. b. Regional exchanges c. Over-the-counter market d. National exchanges e. Treasury market
Correct answer is A.
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Primary market is the where financial securities are issued for the first time, and then they they are traded after that in the secondary market (Stock exchanges).
Over the counter market is decentralized and without any regulative authority.
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