|4||Over-the-Counter Market (OTC)|
|5||Brokers & Dealers|
|7||Trading on Exchanges|
|8||The Characteristics of an Efficient Market|
|9||The Regulating Bodies|
In chapter three, we go a step further and discuss how securities, once issued are traded in the secondary market. The structure of the secondary market including the stock exchange, over-the-counter market (OTC), brokers, dealers, types of orders and trading mechanism is explained in great detail.