Match each market term to its meaning

Exercise and reference answers

Matching pairs

1. Left

   Primary market

   Right

   Where new securities are sold to the public

2. Left

   Secondary market

   Right

   Where issued securities are traded

3. Left

   Underwriting

   Right

   Buying securities and reselling them

4. Left

   Stockbroker

   Right

   Licensed to trade securities for clients

5. Left

   Market maker

   Right

   Dealer quoting buy and sell prices

6. Left

   Fourth market

   Right

   Direct trades over an electronic network

7. Left

   Circuit breaker

   Right

   Trading halt during a steep index drop

Instructions

Tap a term, then tap the description that fits it.

Explanation