DEFINITION‌

T

he segment of a financial market of an economy from long-term capital is raised via instruments such as shares, securities, bonds, debentures,

mutual funds, and is known as the security market of that economy.

A security market has components such as a security regulator (SEBI in India), stock exchanges, different share indices, brokers, FIIs, jobbers, etc. There are different kinds of transactions which take place in a security market such as badla, reverse badla, future trading, insider trading (not allowed), private placement, etc.