LGST 126 Lecture Notes - Lecture 1: Initial Public Offering, Toronto Stock Exchange, Financial Regulation
26 Feb 2015
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Stock exchange: what is an exchange", switch, to trade, to trade stock for money on the stock exchange, a location/place where people gather to buy and sell shares. Now buyers and sellers can meet in cyberspace: regulated by government, ex. They are allowed to sell shares with close individuals because they trust each other and. The public investor"s might not be safe and this company might not be safe. Worry that investor might be fraud or cheated o. Get stock brokers and provide marketing and selling support to sell shares for companies take percentage of the profit made from selling shares o. First time the company is offered on the public company. Public taking private company to go public. Have to be in business for 5 years. Better investors in big city richer investors. Better chance of making the profit you need: not every company is allowed to be listed" on an exchange".
