When evaluating the secondary market based upon how the securities are traded, we can divide the market

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When evaluating the secondary market based upon how the securities are traded, we can divide the market into two segments:
a. A stock market and a board market.
b. A bull market and a board market.
c. A broker market and a dealer market
d. A primary market and a secondary market,
Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...
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