Which of the following is a primary market transaction?
One financial institution buys 200,000 shares of TJMaxx stock from another institution. An investment banker arranges the transaction.
TJMaxx issues 2,000,000 shares of new stock and sells them to the public through an investment banker.
You sell 200 shares of TJMaxx stock on the NYSE through your broker.
You buy 200 shares of TJMaxx stock from your brother. The trade is not made through a broker--you just give him cash and he gives you the stock.