A listed security is a valuable asset for an issuer whose trading privileges are active on the Exchange. This status signifies the security's presence on the official list of tradable securities. It is an indication of the issuer's credibility and financial stability, making it a sought-after investment option for traders. The listed status grants the security access to a wider pool of potential buyers and sellers, increasing its liquidity and market value. It is a key factor in determining the success of a security on the Exchange and reflects the issuer's reputation in the financial world.
