Term
IPO
The first time a company sells its shares to the public, on the primary market. That is the one moment the money goes to the company; after that, shares change hands between investors.
In pesos: When you buy Apple shares today, not one peso reaches Apple: you are buying from another investor.
Where to go deeper
3/4 6 min Read How a stock exchange actually works What happens between pressing buy and owning a share: the order book, the BMV, its hours, who regulates it, what an index is and what you would see if you walked in.Related assets
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Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.