What is the purpose and function of a market what


• What is the purpose and function of a market?

• What characteristics determine the quality of a market?

• What is the difference between a primary and secondary capital market, and how do these two markets support each other?

• What are Rules 415 and 144A and how do they affect corporate security underwriting?

• For secondary equity markets, what are the two basic trading systems?

• How are call markets typically used in U.S. markets?

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