Tuesday, September 28, 2010

The Second Market: When Internet Creates Its Own Stock Exchange

It has been a while that users may exchange stock online, thanks to services like etrade. Actually, it is very convenient, and as a global network, Internet has enabled millions of people to speculate on stocks. Nevertheless there are some assets that can't be accessible on line. Also, these trades are made on the Internet, but through existing markets.

Now The Second Market has changed this statement. The second market allows people to buy and sell illiquid assets. Moreover, added to asset backed securities, it also allows people to buy shares of companies which are not in World Street.

It is very interesting because The Second Market builds a brand new ecosystem, which is separated from the brick and mortar stock exchange markets.