Describe any five advantages of the Stock Exchange Market.
Advantages of the Stock Exchange Market are:
(i) The stock exchange makes it possible for investments to be converted into cash.
(ii) Being specialists in the stock market, members of the Stock Exchange can advise investors on which securities to buy.
(iii)The Stock Exchange market helps to raise the capital needed for their business operations.
(iv) The Prices quoted at the market serve as a yardstick to measure the goodwill of their companies.
(v) It enables the government to raise the capital they require for development.
(vi) It provides a financial market for those wishing to invest their money in company shares.
(vii) The values of shares, stocks, bonds, gilt-edged securities are determined in the market.