Question

Which group includes the main investors in the primary market?

Options

• Stock brokers, issuing houses and public companies

• Issuing houses, stock brokers and registrars

• Public companies, stock exchanges and registrars

• Banks, financial institutions, insurance companies, mutual funds and individuals

Answer 1

Banks, financial institutions, insurance companies, mutual funds and individuals are the main investors. Issuing houses and stock brokers instead act as intermediaries in an offer for sale.