The forum for the selling and buying of securities of small and medium companies is called?

A. Securities and Exchange Commission
B. Second tier Security Market
C. Foreign exchange Market
D. Second tier foreign Exchange market

Correct Answer:

Option B – Second tier Security Market

Explanation

Second-Tier Securities Market (SSM); A second market established by The Stock Exchange in Lagos in 1985 to list the securities of smaller companies which are unable to meet the requirements for listing on the more stringent segment (main market) of the Exchange.It is a market for buying and selling shares of small and medium-scale companies,