Which of these does NOT perform vital functions to securities markets of all sorts by channelling funds from those with surplus funds to those with shortages of funds?

Question

Quizplus · Accepted Answer

Secondary markets facilitate the trading of existing securities, allowing investors to buy and sell shares. They do not directly channel funds from savers to borrowers, unlike primary markets or financial intermediaries like banks, insurance companies, and mutual funds.

Which of These Does NOT Perform Vital Functions to Securities