Financial markets comprise of money market and capital market.

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The secondary market refers to the original sale or sales of securities for the first time by governments and corporations.

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Money markets are the markets for debt securities that will be repaid in the long term.

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All of the following securities are traded in the money market except

• Treasury bills

• Repurchase agreements

• Bankers' acceptances

• Debentures

Bond represents the ownership of the company.

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Bursa Malaysia is an exchange holding company and one of the largest bourses in Asia.

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A derivative is a financial instrument where the value is derived from other financial securities or other underlying assets.

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Examples of derivative are (you can choose more than one answer)

• forwards

• futures

• options

• swaps

A forward contract is an agreement to buy or sell an underlying asset at some time in the ........., at a price agreed upon ...........

• spot; today

• spot; forward

• future; today

• future; forward

The market for new issuance of shares is known as...

• Money market

• Primary market

• Stock exchange

• Secondary market