MANAGEMENT

Detailed explanation-1: -Equity markets are the meeting point for buyers and sellers of stocks. The securities traded in the equity market can either be public stocks, which are those listed on the stock exchange, or privately traded stocks.

Detailed explanation-2: -Investors may be considered buyers or sellers on balance over a period of time if they purchase more shares than they sell, or vice versa. A buyer on balance may see a number of potentially profitable opportunities in the market or may simply be saving diligently for retirement.

Detailed explanation-3: -The auction market is home to the open outcry system where buyers and sellers congregate in one location and announce the prices at which they are willing to buy and sell their securities.

Detailed explanation-4: -Stock markets are venues where buyers and sellers meet to exchange equity shares of public corporations. Stock markets are components of a free-market economy because they enable democratized access to investor trading and exchange of capital. Stock markets create efficient price discovery and efficient dealing.

Detailed explanation-5: -Electronic Communication Networks (ECNs) ECNs connect buyers and sellers directly because they allow a direct connection between the two; ECNs bypass market makers. 11 Think of them as an alternative means to trade stocks listed on the Nasdaq and, increasingly, other exchanges such as the NYSE or foreign exchanges.