Which market handles the buying and selling of new stocks and bonds by business firms or governments?

Question

Quizplus · Accepted Answer

The primary securities market is where new stocks and bonds are issued for the first time by businesses or governments. The secondary securities market is where previously issued securities are bought and sold, while the over-the-counter market deals with the trading of securities not listed on a formal exchange. The commodities market deals with the trading of physical goods such as agricultural products, metals, and energy. The tertiary security market is not a recognized term in finance. Therefore, the correct answer is A, the primary securities market.

Which Market Handles the Buying and Selling of New Stocks