Overview
Explain the meaning of Stock Exchange; State the functionsand importance of the stock exchange; Describe organizational set-up and procedures at the stock exchange; Mention the securities (i nstru ments) trade in the capital market; Explain capital market and methods of raising funds; Describe the speculators in the stock exchange. Name bodies that can access the capital market.
What you'll learn
- Stock Exchange:
- Meaning
- Function
- Importance
- Organizational set-up and. transactions at the stock exchange.
- Stock Exchange Securities:
- Meaning
- Types
- (a) Shares
- (b) Stocks
- (c) Bonds
- (d) Gilt-edged
- (e) Debentures
- Capital Markets:
- Meaning
- Methods of raising funds:
- (a) Offer for sale
- (b) Offer for subscri ption
- (c) Rights issue
- (d) Private placement
- Speculation:
- Meaning Speculators
- Bodies:
- Public companies
- Government