MEANING OF THE SECONDARY MARKET(RESALE,AND REPURCHSAE)

 THE SECONDARY MARKET IS A MARKET FOR

TRADING AND SETTLEMENT OF SECURITIES THAT HAVE ALREADY BEEN ISSUED.

 THE INVESTOR HOLDING SECURITES SELL

SECURITES THROUGH THE REGISTER BROKEROF THE STOCK EXCHANGE

 INVESTOR WHO ARE DESIROUS OF BUYING

SECURITES ,PURCHES SECURITES THROUGH REGISTER BROKER OF THE STOCK EXCHANGE

 AND THE DEBSECONDARY MARKET THUS REFERS TO A MARKET WHERE

SECURITES ARE TRADED AFTERBEING INITIALY OFFERED TO THE PUBLIC IN PRIMARYMARKET ANDLISTED ON THE STOCK EXCHANGE


SECONDARY MARKET COMPRISES EQUITY MARKET T MARKET

 THE SECONDARY MARKET PROVIDES AN EFFICIENT PLATFORM FOR

TRADING OF HIS SECURITIES . SECONDARY EQUITY MARKETS SERVE AS MONITORING AND CONTROL CONDUILT_BY CONTROL E_NHANSING  CONTROL ACTIVITES , ENABLING IMPLEMENTATION OF INCENTIVE BASED

FINANCIAL PRODUCT \ INSTUMENTS SECONDRY MARKET CONT

y y y y y y y y y y

Equity : the ownership intrest in a company of holders of its common and preffred stock Equity shares. an equity shares , commonly reffred to as ordinary shares it also represent the form of the ownership to the shareholder It is also known as the risky shares to the venture market Right share. The issue of new securities to existing shareholder at ratio to those already held bonus shares. Shares issued by the company to their shareholder free of cost by capitalization of the reserve from the profit earned in the earlier years preference shares .. These kinds of the shares are entitled to a fixed dividend calculated at a fixed rate to be paid before dividend can be paid in respect of the equity shares Cumulative prefrence shares. . A type of preference shares on which dividend accumulated if remains unpaid Preference dividend have to be paid out before paying dividend on equity shares Convertible preference shares Cunulative convertible perfernce shares a type of prefernce shares where the dividend payble on the same accumulates, if not paid Participating prefernce shares : the right of certain perfrence shares holder to participates in profit after a specific fixed dividend contracted for his paid

y y y y y y y y y

y Security recipts y Security recepits means a receipts or other security,

issued by securitisation company to any qualified institutional buyer pursuant to a schme .

y Government securities; y These are soverign(credit risk free) coupon bearing

instrument which are issued by the reserve bank of india on behalf of the govt. of india

y Debentures.. y Bonds issued by a company bearing a fixed rate of

interest usually payable half yearly on a specific dates and repayable on particular date.

y Bond. y a negotiable certificates evidencing indebtness . It is

normaly unsecured

y A bond investor lend money to the issuer and in

exchange .

y Zero coupon bond: y convertible bond

y Commercial papern y A short termed promise to repay a fixed amt. that is placed y On the market either direcly or through a specified

intermediary
y Commercial paper is a money mkt. instument issued

normaly for tenures of 90 days