Nearly all transactions in financial markets occur in the
A)money market.
B)secondary market.
C)CD market.
D)primary market.

Question

Quizplus · Accepted Answer

The secondary market is where previously issued securities are traded among investors, such as through stock exchanges or over-the-counter markets. The money market is where short-term debt securities are traded, such as Treasury bills and commercial paper. CD market refers to the market for certificates of deposit, which are a type of time deposit offered by banks. The primary market is where new securities are issued, such as through initial public offerings or bond offerings. While transactions do occur in all these markets, the majority of trading activity and volume occurs in the secondary market.

Nearly All Transactions in Financial Markets Occur in the