The forum for the selling and buying of securities of small and medium companies is called.

Assessment: JAMB UTME - Commerce - 2015 Subject: Commerce

Question 1 Report

The forum for the selling and buying of securities of small and medium companies is called.
Answer Details
The forum for the selling and buying of securities of small and medium companies is called the "Second tier Security Market." This market is also known as the "Second Market" or "Junior Market" and provides a platform for smaller companies to sell their securities to investors. Unlike the primary market, where newly issued securities are sold to the public for the first time, the second tier market is a secondary market where existing securities of small and medium-sized companies can be traded. This market is often less regulated and less liquid than the primary market or major exchanges, but it provides an opportunity for investors to buy into smaller, growing companies with potential for growth.
Read lesson note on Stock Exchange (JAMB)
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