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Floor brokers execute orders on exchange floor Non-member firms Clear trades through member firms This document discusses the organization and functioning of securities markets. It begins by defining what a market is and its basic purposes and functions. It then covers the key differences between primary and secondary capital markets and how they support each other. The rest of the document details the major stock exchanges around the world, how they operate, and recent trends towards global consolidat
- Author
- ditayohana
- Language
- EN