Marketable securities are financial instruments that can be easily bought, sold, or traded on public exchanges. They are highly liquid and can be quickly converted into cash at a reasonable price. Marketable securities can be classified as either marketable equity security or marketable debt security. They are typically short-term investments with maturities of less than one year. Examples of marketable securities include common stock, Treasury bills, money market instruments, commercial paper, bonds, preferred shares, ETFs, futures, options, and hedge fund investments. Marketable securities are considered low-risk, low-reward investments. They are recorded as current assets on a companys balance sheet. Marketable securities have a strong secondary market that can facilitate quick buy and sell transactions, and provide accurate price quotes for investors.