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Market for securities.
Outline the main features of the primary and secondary markets for securities and explain the links between the two markets.
Distinct from the money market that are markets for short term funds, the market for equities is part of the capital market which refers to the market for long term finance. In general, the capital market can be segmented into 2 parts: the primary market and the secondary market.
A distinction can be seen from these two types of financial market. A primary market is a financial market, which can be categorized as those dealing with financial claims t…
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