Financial markets bingo
Exercise and reference answers
- Clues and terms
- Clue
- Short term, very low risk.
- Item
- Money market
- Clue
- Sells fast without loss.
- Item
- Liquidity
- Clue
- Default risk free, auctioned.
- Item
- T bill
- Clue
- Basket that trades like a share.
- Item
- ETF
- Clue
- Screen deals, no broker.
- Item
- OTC
- Clue
- Market for new securities.
- Item
- Primary
- Clue
- Market for used securities.
- Item
- Secondary
- Clue
- Stock offered to public first.
- Item
- IPO
- Clue
- Cash raised before the business.
- Item
- SPAC
- Instructions
- Read each clue and tap the term it describes.
Explanation
_Source: OpenStax Principles of Finance, Chapter 12, US Financial Markets._