Examlex
Which of the following classes is deepest in the inheritance hierarchy?
Initial Public Offerings
The first sale of stock by a private company to the public, often referred to as going public.
Secondary Market
The secondary market is where previously issued securities and financial instruments, such as stocks and bonds, are bought and sold, unlike the primary market where securities are first issued.
Overpriced
A term used to describe securities or assets that are trading above their intrinsic or fair value.
ECNs
Electronic communication networks that facilitate the buying and selling of securities outside traditional stock exchanges.
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