Prior to beginning work on this discussion forum, read Chapter 14 in the Foundations of Financial Management textbook.
Initial Response:
For this discussion forum,
- Discuss the evolution of the securities markets, including the impact of the NASDAQ, CME, ECNs, and foreign exchanges.
- Explain the role of securities markets in the efficient allocation of capital among issuers and investors based on the efficient market hypothesis.
- Evaluate if the presence of dark pools enhances or reduces capital market efficiency.
- Finally, find a real-life company that has made raised capital in 2020 and discuss the method used. If possible, try to select a company that a fellow student has not already selected.
Your initial response should be a minimum of 200 words. Graduate school students need to learn how to assess the perspectives of several scholars. Support your response with at least one scholarly and/or credible resource in addition to the text.