You recently sold to your brother 200 shares of Disney stock; the transfer was made through a broker, and the trade occurred on the TSX. Which type of transaction is this is an example of?

Question

Quizplus · Accepted Answer

This is a secondary market transaction, as the shares were being bought and sold on the TSX between two investors rather than directly from Disney in a primary market transaction.

You Recently Sold to Your Brother 200 Shares of Disney