it is that component of financial market , in the absense of which the primary market will become unattractive as there will be no liquidity. identify the type of financial market.
Answers
Explanation:
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Answer:
The secondary market performs a essential position in the universal functioning of the monetary market ecosystem.
Explanation:
From the above question
The thing of the monetary market being referred to right here is the secondary market.
The secondary market gives liquidity to the important market via permitting traders to purchase and promote securities that have already been issued in the important market.
Without the secondary market, buyers may also be hesitant to invest in new securities in the most important market, as they might also no longer have a way to promote them if they want to liquidate their holdings.
Therefore,
The secondary market performs a essential position in the universal functioning of the monetary market ecosystem.
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