[SIE] 1, Introduction to Capital Markets

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam. In this episode you will learn: - The fundamental role of capital markets in connecting investors with businesses. - The clear distinction between the Primary Market, where new securities are issued, and the Secondary Market, where they are traded. - How an Initial Public Offering (IPO) serves as a classic example of a Primary Market transaction. - Why the secondary market, including exchanges like the NYSE and NASDAQ, is crucial for providing liquidity to investors. - A simple mnemonic to remember that in the Primary market, the Proceeds from a sale go directly to the issuing company. For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818