In the equities capital markets, participants play key roles to support primary and secondary capital markets. Participants include investors, speculators, market makers, underwriters, and brokers.

Using the module resources and one outside scholarly resource, discuss how participants would interact to facilitate capital market activities. For example, when there is a Federal Reserve action that affects interest rates, how might the various participants interact with a company going through an acquisition?

In your response posts, mention a participant not mentioned by your peers. Indicate how this participant also interacts to facilitate the selected capital market activity.