recently sold to your brother 200 shares of Disney stock, and the transfer was made through a broker, and the trade occurred on the NYSE.This is an example of:

Question

Quizplus · Accepted Answer

This is a secondary market transaction because the shares were previously issued and are being sold from one investor (the seller) to another investor (the buyer) through a broker on the NYSE. A primary market transaction would involve the sale of newly issued shares directly from the company to investors, while a futures market transaction would involve a contract to buy or sell an asset at a future date. A money market transaction would involve the purchase or sale of short-term debt securities, and an over-the-counter market transaction would typically occur outside of a formal exchange.

Recently Sold to Your Brother 200 Shares of Disney Stock