Security markets

A market is the means by which products and services are bought and sold, directly or through an agent. a market need not be a physical location. There is no requirement of ownership by those who establish and administer and market they need only provide a cheap, smooth transfer of goods or services for a diverse clientele.

A market should provide accurate information on the price and volume of past transactions and current supply and demand. Clearly, there should be rapid dissemination of this information. Adequate liquidity is desirable so that participants may buy and sells their goods and services rapidly, at a price reflecting the supply and demand. The costs of transferring ownership and middleman commissions should be low. Finally, the prevailing price should reflect all available information.
a securities market can be defined as a mechanism bringing together buyers and sellers of financial assets in order to facilitate trading alternatively, security market is a place where securities are bought and sold, the facilities and people engaged in such transactions, the demand for and availability of securities to be traded, and the willingness of buyers and sellers to reach agreement on sales. Over the counter markets the New York stock exchange (NYSE), the Chicago board of trade (CBT), the American stock exchange (AMEX) and Nepal stock exchange (NEPSE) are the example of security markets.