Archive for 2017年3月

THE Role of the SECONDARY MARKET IN EQUITIES

Equity capital, in contrast to debt capital, is not repaid to the investors in the normal course of business; the issuer does not As a rule return it to the investor 2 and therefore there have to be a means by which the trader can actualize its capital earnings, or sell its holding to stop further losses. For this purpose, stock exchanges provide… (more…)