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Slide: 1
Sure Sonny! An IPO is an Initial Public Offering. It's a companies first offering to the public, shares of the their company.
Hey, my friend was talking about some IPO, you think you could explain what it is and its process?
Slide: 2
Ahh...I understand. But wait, does that mean IPOs are an example of a primary market, and what is a secondary market in that case? I'm still confused.
Yea sure. So yes, an IPO is an example of a primary market, because a primary market is where securities are first issued. On the other hand, a secondary market is where investors buy/sell securities that have already been issued.
Slide: 3
Hey I was wondering after I did more research, expanding on different markets, what are bonds future markets?
Heyy Sonny, don't sweat it. Yea so a bond market is a marketplace for debt securities, and a futures market an auction market in which participants buy and sell commodity and futures contracts for delivery on a specified future date.
Hey sir wassup! Crazy we run into each other again. Hey, the info you gave me las time was really helpful

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