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The Stock Market (Participants (market makers, day traders, stockbrokers,…
The Stock Market
Stock/share (equity)
certificate representing part ownership of a company
Types of equities
ordinary shares/common stocks
preferred stocks/preference shares
cumulative preference shares
convertible preference shares
Levels of market
primary market
innitial flotation
rights issue
secondary market
stock exchange
Participants
market makers
day traders
stockbrokers
stockholders
companies
banks
Journalists' classification of shares
blue chips
growth shares
income shares
defensive shares
value shares