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Copyright © 2009 Pearson Prentice Hall. All rights reserved. 1-

Money market

Capital market

Spot markets

Futures markets

Primary markets

Secondary markets)

NYSE

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.1Giving Advice

.2Filing Documents

.3Underwriting Stocks & Bonds

Timing

Fair Price

Security and Exchange

Commission (SEC)

Registration Statement

.1Public Offering (Public Issue)

.2Private Offering (Private Issue)

.1

.2

.3

.4

Brokerage Houses

Full Subscription

Under Subscription

Over Subscription

**

Primary Market

IPO

Secondary Market

Redeem

Organized Market

Over The Counter Market (OTC)

ORGANIZED MARKET

Listing Requirements

.1

.2

.3

Commission Brokers

Floor Brokers

Floor Traders

Specialists

Registered Traders

Market Makers

BrokerDealer

Over the Counter Markets (OTC)

NASDAQ

Bid Price

Ask Price

Spread

The Third Market

The Forth Market10,000

INSTINET

Types of Orders.1Market Order

.2Limit Orders

.3Stop-Loss Orders

.4Stop- Limit Orders

.5Good-Till-Canceled Orders

Market Order

Limit Orders

Stop-Loss Orders

Stop- Limit Orders

Good-Till-Canceled Orders

30

A Day Order

:

:

:

:

ACPC APC BPC GMC JCC JPH BOP JREI NIC PIBC TRUST QUDS PALTEL AIB

PIIC

BPCJCC

GMC

AIG

NIC

AIBBOP

PALTEL

PECPRICO

(Issuer

(Type of bond)

Term to maturity

Issue Date

Maturity DateFace

Value

Coupon

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