Primary securities markets are those that handle the most important stock and bond issues,while secondary markets are those that handle the less important issues.

Question

Quizplus · Accepted Answer

This statement is false. Primary securities markets are where new securities are issued and sold for the first time to the public, while secondary markets are where previously issued securities are bought and sold, regardless of their importance. Both primary and secondary markets are important for investors and the overall functioning of the financial system.

Primary Securities Markets Are Those That Handle the Most Important