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Get A Guide to the Financial Markets PDF

By Charles R. Geisst (auth.)

ISBN-10: 0333376536

ISBN-13: 9780333376539

ISBN-10: 1061071111

ISBN-13: 9781061071116

ISBN-10: 1349075698

ISBN-13: 9781349075690

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CIB. MORGAN GRBNFBLL & CO. A. HTU SAMUEl, & CO. IL Equity tombstone advertisement 26 A Guide to the Financial Markets primary market; that is, the market for new shares. Whether the discussion of primary market centres around shares or bonds it means, in all cases, the market away from the exchanges. The second form of share distribution is an addition to shares already outstanding and is called a secondary distribution. This is also a new issues market function. It should not be confused with a type of block order mentioned above.

However, a process of intermediation is occurring in both the United 38 A Guide to the Financial Markets States and Britain which, while not necessarily diminishing the role of shares in either economy, is nevertheless creating a situation whereby the anglophone and continental markets are moving closer together in actual function by allowing institutions to assume more and more of the risk process once shouldered to a greater extent by the individual. NOTES There is a difference between authorised and issued shares.

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A Guide to the Financial Markets by Charles R. Geisst (auth.)

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