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How does the liquidity of securities in the sec... - SS3 Commerce Second tier security market; operating regulation, primary and secondary market, first tier and second tier Question

How does the liquidity of securities in the second-tier market differ from the first-tier market?

Securities in the first-tier market, such as those listed on major exchanges, generally have higher liquidity due to a larger number of buyers and sellers. In contrast, the second-tier market may have lower liquidity as there may be fewer participants trading those securities.

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