NISM Series 12 Securities Markets Foundation Certification Exam Notes

Page 32 Of 93

Go to:

  • Liquidity Risk: Illiquid securities may be hard to sell at desired prices.
  • Global Exposure: Commodities and derivatives provide exposure to global markets.
  • Primary Market Definition: Primary markets facilitate capital raising by issuing new securities to investors.
  • Functions of Primary Market: Primary markets channel savings to issuers for business or government funding.
  • Primary vs. Secondary Markets: Primary markets create securities; secondary markets trade existing securities.

NISM 12 Securities Markets Foundation

MODELEXAM MODELEXAM®