Listed and Non-Listed

Listed: Refers to securities or assets that are officially registered and traded on a recognized stock exchange. These can include stocks, bonds, or funds that meet specific regulatory requirements. Being listed provides greater visibility, liquidity, and transparency, allowing investors to buy and sell easily in the public market. Non-Listed: Refers to securities or assets that are not traded on any public exchange. These include privately held companies, certain bonds, and alternative assets. Non-listed assets often have limited liquidity and may require longer holding periods, as they are not subject to the same regulatory scrutiny and public reporting as listed securities.

The distinction between listed and non-listed is essential for understanding the liquidity, risk profile, and regulatory environment surrounding different types of assets. Listed assets tend to be more accessible to the average investor, while non-listed assets may present unique opportunities and challenges.