You 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

The transfer of 200 shares of Disney stock from one individual (you) to another individual (your brother) through a broker on the NYSE is an example of a secondary market transaction. This is because the shares being sold are already in existence and are being traded between investors, rather than being issued by Disney in a primary market transaction.

You Recently Sold to Your Brother 200 Shares of Disney