Existing securities are traded:
A) in the primary markets
B) in the secondary markets
C) only on organized exchanges
D) only over-the-counter

Question

Quizplus · Accepted Answer

Existing securities are traded in the secondary markets, which include organized exchanges (such as the NYSE) and over-the-counter markets (such as the NASDAQ and OTCBB). The primary markets are where new securities are issued, such as in an initial public offering (IPO).

Existing Securities Are Traded