A market which deals in the purchase and sale of second hand securities is the

A market which deals in the purchase and sale of second hand securities is the

Answer Details

The market which deals in the purchase and sale of second-hand securities is the Stock Exchange. A Stock Exchange is a platform where buyers and sellers come together to trade securities such as stocks, bonds, and other financial instruments. Second-hand securities are those securities that have already been issued and are being traded in the secondary market. The secondary market is the market where previously issued securities are traded between investors, as opposed to the primary market where new securities are issued. Second-hand securities are bought and sold by investors who are looking to profit from changes in their market value. The Stock Exchange provides a transparent and regulated environment for the trading of second-hand securities. It ensures that buyers and sellers are matched and that transactions are conducted in a fair and efficient manner. The prices of securities on the Stock Exchange are determined by supply and demand, with the market setting the prices. In summary, the market that deals in the purchase and sale of second-hand securities is the Stock Exchange.