Class -10 Fmm Notes | Financial markets management class 10, Chapter - 4 | Secondary Market (Part -1)
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