Securities Traded in the Secondary Market:

Equities (Common Shares):

• • Represent ownership in a company.

  • Shareholders have voting rights and share in profits.

Rights Issue / Rights Shares:

• • Additional shares are offered to existing shareholders.

Bonus Shares:

• • Extra shares are given to shareholders without additional cost.

Preferred Stock / Preference Shares:

• • Fixed dividends, no voting rights.

Cumulative Preference Shares:

• • Accumulate unpaid dividends.

Participating Preference Shares:

• • Entitled to additional dividends beyond fixed rate.

Bonds:

• • Debt securities issued by companies or governments.

Zero-Coupon Bond:

• • Sold at a discount, redeemed at face value.

Convertible Bond:

• • Can be converted into equity shares.

Debentures:

• • Unsecured debt instruments.

Commercial Papers:

• • Short-term debt issued by corporations.

Treasury Bills:

• • Short-term government debt.

SEBI Regulation:

• • The Securities and Exchange Board of India (SEBI) oversees the secondary market.

  • SEBI ensures investor protection, market integrity, and transparency.

  • It regulates stock exchanges, brokers, and listed companies.

Remember, the secondary market empowers investors by providing a platform to trade securities efficiently.