Jerry tracks stock on the New York Stock Exchange every morning while he has breakfast. He then purchases stocks when he feels they have strong possibility for growth. Jerry is most likely using the ________ market.
A) common stock
B) primary securities
C) open auction
D) institutional investment
E) secondary securities

Question

Quizplus · Accepted Answer

Jerry is participating in the secondary securities market, where existing, previously issued securities are bought and sold among investors, as opposed to the primary market where securities are first issued.

Jerry Tracks Stock on the New York Stock Exchange Every