Which of the following is an example of a secondary market transaction?
A)ANZ bank issues new shares to a large funds manager in a private placement.
B)The Government issues new long term bonds.
C)Mary sells 1000 Qantas shares through her broker.
D)BHP issues new bonds which will mature in ten years.
E)None of these are secondary market transactions.

Question

Quizplus · Accepted Answer

Mary selling 1000 Qantas shares through her broker is an example of a secondary market transaction because she is selling shares that were previously issued by the company to another investor, rather than buying them directly from the company. The other options either involve new issuances (which would be primary market transactions) or involve bonds rather than shares.

Which of the Following Is an Example of a Secondary