The market for trading newly issued securities is known as the:
A) Money market
B) Cash market
C) Spot market
D) Primary market
E) Open market

Name: The market for trading newly issued securities is known as the: A) Money market B) Cash market C) Spot market D) Primary market E) Open market
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

The primary market is where newly issued securities are sold for the first time. This is different from the secondary market, where securities are traded among investors after the initial issuance.

The Market for Trading Newly Issued Securities Is Known as The