• It all started with Dalal street (which became the permanent location in 18xx)

There are two types of securities

Two types of markets

Primary Market

Importance of IPO market

  • Increasing visibility
  • Transparency
  • Generating capital

Types of Investors

  • Investors
  • Traders
    • Position Trader (1 month)
    • Swing trader (Days to weeks)
    • Day trader (hours)
    • Scalp trader (minutes to seconds)