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Trading Through the IPO

The Shares

Whiteshoe covers the basics: Facebook will be traded on NASDAQ under ticker FB. The primary offering will of course take place in the primary market, which is where underwriters sell securities to individuals on the behalf of either corporations or governments. Individuals can then turn around and sell those securities on the secondary market. So, the primary market is where Facebook will issue its securities.

"Isn't the secondary market where most of the trading action really...

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