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What is Understanding Secondary Securities Markets about?

This document discusses the secondary market for trading securities. It begins by explaining how brokers help individuals enter securities markets to buy stocks and bonds. It then describes the main types of secondary markets: exchanges, over-the-counter (OTC) dealer markets, and electronic communications networks (ECNs). Exchanges are physical locations where brokers can trade stocks. OTC dealer markets have no location and trades are made through dealers over computer networks. ECNs allow direct trading b

Author

Abdo Nasser

Language

EN