Holicent
VIP Contributor
The three major categories of securities:
Pre-IPO Securities. These are common stocks that have been approved for trading by the SEC but have not yet gone public.
IPO Securities. These are stocks that have been approved for trading and will be traded on an exchange after the company goes public. IPO stocks are also known as 'blue chip stocks.' They are listed on the New York Stock Exchange (NYSE) under the symbol 'X.'
OTC Securities. These are stocks that are traded outside of an exchange and therefore do not receive their own ticker symbol. OTC stocks can be bought and sold through a brokerage account or through a broker's website in a retail market, where they trade like any other security.
Mutual Funds - These are open-ended investment companies in which investors pool money together to buy and sell securities to each other at a discounted price or at an inflated price, depending on demand for the particular fund's holdings at that time. Mutual funds also include collective investment trusts (CITs), which allow investors to pool resources into an investment trust that invests in many different types of securities, including stocks and bonds.
Pre-IPO Securities. These are common stocks that have been approved for trading by the SEC but have not yet gone public.
IPO Securities. These are stocks that have been approved for trading and will be traded on an exchange after the company goes public. IPO stocks are also known as 'blue chip stocks.' They are listed on the New York Stock Exchange (NYSE) under the symbol 'X.'
OTC Securities. These are stocks that are traded outside of an exchange and therefore do not receive their own ticker symbol. OTC stocks can be bought and sold through a brokerage account or through a broker's website in a retail market, where they trade like any other security.
Mutual Funds - These are open-ended investment companies in which investors pool money together to buy and sell securities to each other at a discounted price or at an inflated price, depending on demand for the particular fund's holdings at that time. Mutual funds also include collective investment trusts (CITs), which allow investors to pool resources into an investment trust that invests in many different types of securities, including stocks and bonds.
