List any two characteristics of Secondary Market.

1.	List any two characteristics of Secondary Market.
Answer» Characteristics of Secondary market: (i) It is a market for purchase and sale of existing securities. (ii) Both buying and selling of securities can take place. (iii) It is located at specified places. (iv) The price of securities are determined by the demand and supply of the securities.

Answer»

Characteristics of Secondary market:

(i) It is a market for purchase and sale of existing securities.

(ii) Both buying and selling of securities can take place.

(iii) It is located at specified places.

(iv) The price of securities are determined by the demand and supply of the securities.

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