Question

discuss the primary and secondary functions of a stock exchangs?​

Answer 1

Explanation:

Since the securities are issued directly by the company to its investors, the company receives the money and issues new security certificates to the investors. The primary market play the crucial function of facilitating the capital formation within the economy

.Basic functions of the secondary market. When securities are traded between investors, issuers no longer receive any cash proceeds. Investors usually initiate securities purchases in the secondary markets by calling a security brokerage house.