Financial markets
Financial market is a forum in which suppliers and marketers of funds can transact business directly.The key financial markets are three types.......
1. On the basis of issuing
i. Primary market: Primary market is the financial market in which securities are initially issued; the only market in which the issuer is directly involved in the transaction.
ii. Secondary market: Secondary market is the market in which existing, already outstanding securities are traded among investors. In secondary market, the original issuer has no part in the transaction.