You contacted your stock broker this morning and placed an order to sell 300 shares of a stock that trades on the nyse. this sale will occur in the:

Question

Jazlene Harper

Business

14 July, 02:04

You contacted your stock broker this morning and placed an order to sell 300 shares of a stock that trades on the nyse. this sale will occur in the:

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Answers (1)

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Polo · Answer 1

Secondary Market

Explanation:

Secondary market are referred to as stock market. All major stock exchanges are secondary market like New York Stock Exchange. In secondary market you can buy previously issued securities. Like in this question, these 300 shares will be sold to another investor in NYSE which is secondary market.