Advertisements
Advertisements
Question
Distinguish between New issue market and Secondary Market.
Distinguish Between
Solution
| Basis for difference | New Issues Market (NIM) | Secondary Market |
| 1. Meaning | The place where New Issues of securities are traded. (Initial Issues Market) | The place where formerly issued securities (second-hand securities) are traded (Resale Market) |
| 2. Buying | Buying directly | Buying indirectly |
| 3. Intermediaries | Underwriters | Brokers |
| 4. Gained persons | Companies | Investors |
| 5. Buying and selling between | Companies and Investors | Investors only |
| 6. Organised Existence | It has no physical existence | It has physical existence |
| 7. Securities Sold | Only once | Many times |
shaalaa.com
New Issue Market (NIM) Vs. Secondary Market
Is there an error in this question or solution?
