The primary role of organized securities exchanges is to raise capital (money)for firms.

Question

Quizplus · Accepted Answer

The primary role of organized securities exchanges is to provide a platform for the buying and selling of securities, such as stocks and bonds, rather than directly raising capital for firms. Companies typically raise capital through initial public offerings (IPOs) or other means, and then their securities are traded on these exchanges.

The Primary Role of Organized Securities Exchanges Is to Raise