ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The secondary market is also known as the stock market or stock exchange, which is the market for the purchase and sale of existing securities. In secondary market, securities are not directly issued by the company to investors.

Detailed explanation-2: -The secondary market is where investors buy and sell securities they already own.

Detailed explanation-3: -A secondary market is a market where existing securities or other assets are bought and sold. Primary markets are where an asset or security is first issued. There are many types of secondary markets, with stocks being the most commonly traded security in a secondary market.

Detailed explanation-4: -After they’ve been issued on the primary market, existing shares of stock, bonds, and other securities are traded between investors on what is called the secondary market-essentially, the familiar stock exchanges and stock markets.

Detailed explanation-5: -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.