• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off

Card Range To Study



Play button


Play button




Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

12 Cards in this Set

  • Front
  • Back
Competitive markets for securities with maturities of one year or less.
Money Markets
Competitive markets for equity securities or debt securities with maturities of more than one year.
Capital Markets
Securities issued by state and local government units.
Municipal Securities
A financial institution that directs other peoples money into such investments as government and corporate securities.
Financial Intermediaries
The buying and selling of publicly owned securities in secondary markets.
Secondary Trading
Electronic trading systems that automatically match buy and sell orders at specific prices
Electronic Communication Networks (ECN)
Exists when one security is traded on more than one stock exchange.
Dual Trading
The economy consists of three sectors which are government, business, and household. What is it called?
Three Sector Economy
Financial standards that corporations must meet before their common stock can be traded on a stock exchange.
Listing Requirements
Ones who make a market in their assigned stocks by standing ready to buy or sell shares at the current bid and ask price.
Markets are considered efficient when

1. Prices adjust rapidly to new information
2. There is a continuous market
3. The market can absorb large dollar amounts
of securities without destabilizing the prices.
Market efficiency
The primary regulatory body for security offerings in the United States
Securities and exchange commission