In which type of market, new securities are traded?
A. Primary market
B. Secondary market
C. Tertiary market
D. None of the given options
B. Secondary market
C. Tertiary market
D. None of the given options
Details:
The primary market is where securities are created so they can be sold to investors for the first time. Above all, the primary market issues new securities on an exchange to allow companies, governments and others to raise capital.