By definition, the money market involves the buying and selling of a. shortminus term securities b. secured premium notes c. stocks and bonds d. all financial instruments except derivatives

A. short term securities

Explanation:

By definition, the money market involves the buying and selling of short term securities.

Money market refers to the trade in short-term loans that happens between banks and other financial institutions.  It is a mutual fund that invests in short-term debt securities like treasury bills and commercial paper. This can happen on wholesale or retail level. On wholesale level, trade happens in large-volumes between institutions and traders while on retail level, it trade happens between money market accounts opened by bank customersand individual investors.

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