Be the topper - all notes

  Secondary market? A market where securities are traded after being initially offered to public in the Primary market and listed on the stock exchange. Role of secondary market? Provides an efficient platform for trading in securities. Facilitates value enhancing control activities for management of company. Enabling implementation of incentive based management contracts. Difference between primary and secondary market? The primary market provides the channel for sale of new securities while secondary market deals in securities previously issued. Role of st ock exchange in buying and selling shares? Stock exchange is a regulatory authority(Securities and exchange Board of India ) in India. It provides a platform where buyers and sellers can meet to transact in securities. For video explanation, click here  Demutualisation of stock exchanges? It means dividing the legal structure of an exchange in different sets having ownership, management and trading rights with different groups of p

Hello guys these are the notes of chapter 3 of class 10 fmm.  Other parts are also there. Please check on this blog. Otherwise you can join our telegram channel. Link is given below.  What  is minimum number of days for which a bid should remain open during book building? The books should remain open for a minimum of 3 days. Open outcry system be used for book building? Only electronically link transparent facility can be used for book building. Individual investor can also used the book building facility to make an application. How does one know if share are allotted in IPO/ offer for sale ?What is the time frame for getting a refund if shares not allotted? The basis of allotment should be completed within 8 days from the issue close date. As soon as  allotment is completed within 2 working days the details of credit to demat account needs to be completed.  It takes 11 days from the closure of issue for get to know if shares not alloted. It takes 12 working days to get the shares list