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Unformatted text preview: Market Structure • The £Y j mr.x-t:;l::t for securities refers to the initial sale securities the: public by a firm. • The 3> mOt\'ftarket is where previously issued securities are then ded among individuals and institutions. • The NYSE. for example, is a continuous, secondary market with a centralized exchange- Tf"Iding can occur any tintc when the mari.::et opens-- Tradingis in mllnS issued ~Iy.- Alll:JWi.in8 DCCtJn. OOUle NYSE floor. NYSE Listing Requirements Il.g, Comp.. ies NOli u.s. Compalli~ A ..n u .IF h t $38,000+ S38,000t P,..tn: IDc()m lt (3 yan) $10 Mil $100 Mil Net TIIIIAlible As5ets .... M il SlOOMii Markel V.rue $4(t Mil $]00 Mil Sh.aN:l Held Publicly 1 .] Mil Z..5MiI Number orHoklers 01 ... :5000 globJIUy Lob Nasdaq Listing Requirements Global Global C.pital ....., NWllber orFiI'lDJ 1,2tlO I . . . . . '50 Jd .... J F _ 535, .... S 3 !,~ ." .... Pn--tu 1_1:011111 (3 Yaln) 511 M 51 .....
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- Fall '10
- Stock exchange, Money market, bank discount yield, bond equivalent yield, ore Market