SIE: Exercise

Exercise

Fill in the blank.

1. 1. A/n _____ buys and sells securities out of its own inventory.
2. 2. When an investor sells to another investor, this is done in the _____ market.
3. 3. A/n _____ is the first time an issuer sells shares to the public.
4. 4. An issuer sells shares to the public in the _____ market.
5. 5. The investment bank that helps an issuer sell its securities is known as a/n _____.
6. 6. A/n _____ acts as a go-between for a buyer and