Private electronic market

Imagine you have a toy and your friend wants to buy it from you. You both agree on a price and exchange the toy for money. This is like a market, where people buy and sell things.

A private electronic market is similar, but instead of toys, people buy and sell things like stocks, bonds or currencies using computers or phones. This kind of market is not open to everyone, but only to a group of people who are allowed to trade.

Just like in the toy market, people trading on the private electronic market agree on a price and exchange money, but since everything is electronic, it happens really fast. Also, the prices change all the time based on what people are willing to pay.

The private electronic market is used by companies and investors who don’t want to trade on a public market like the stock exchange, where anyone can see their trades. They use this private electronic market to keep their trades hidden from other people, so they can buy or sell things without anyone knowing.

In summary, a private electronic market is like trading toys with your friends, but instead, it's adults using computers to buy and sell important things like stocks or bonds!