Financial markets and institutions - the flow of savings to corporations
6 important questions on Financial markets and institutions - the flow of savings to corporations
What is the difference between debt and equity markets
-equity often has periodic payments (dividend), it has no maturity date, including voting right and residual claimant, holders benefit directly from value increase
How does secondary markets work?
What is the job of a broker in the stock market?
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What is the job of a dealer in the stock market?
How do exchanges in trading?
How does over the counter work in trading?
there is no supervision and no central pricing
dealers mutually agree on price and conditions
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