• Features of Secondary Market

    An efficient secondary market should provide the following things

    • Accurate information should be available timely basis. There should not be any delay in providing the accurate trading information.
    • Liquidity. An efficient market should provide the adequate liquidity for trading. That will happen if adequate number of buyers and sellers are present in the market.
    • Transactions should be efficient and it should provide low transaction cost to attract more investors or traders.
    • All the new information should be reflected in the share price within the minimum possible time.

    All the investors and traders should receive the public information at the proper time.

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