ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Secondary market A place where investors buy and sell to each other (rather than buying directly from a security’s issuer). Most stock and bond trading happens on the secondary market.

Detailed explanation-2: -The secondary market is where securities are traded after the company has sold its offering on the primary market. It is also referred to as the stock market. The New York Stock Exchange (NYSE), London Stock Exchange, and Nasdaq are secondary markets.

Detailed explanation-3: -The secondary market, also called the aftermarket and follow on public offering, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Detailed explanation-4: -The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the “stock market, ” though stocks are also sold on the primary market when they are first issued.