Question

10. You recently sold 200 shares of Apple stock to your brother. The transfer was made through a broker, and the trade occurred on the NYSE. This is an example of:

Answer 1

A secondary market transaction

Step-by-step explanation:

Secondary market transaction: In this transaction, the transaction which is already issued to the public are sold by another investors.

In this type market, the investors buy and sell securities which are theirs . It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued.

So in the question, the transfer was made through a broker which implies it deals in the secondary market.

Primary market transaction: In this transaction, the company directly sells the new stocks, bonds, etc to the public for the first time.

Future market transaction: This is the transaction which occurs in the near future to buy some specific quantities at the future price.