ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Secondary Market refers to a market where securities are traded after being initially offered to the public in the primary market and/or listed on the Stock Exchange. Majority of the trading is done in the secondary market. Secondary market comprises of equity markets and the debt markets.

Detailed explanation-2: -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.

Detailed explanation-3: -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-4: -Explanation: The secondary market is the place where financial backers, investors purchase and sell securities they currently own.

Detailed explanation-5: -What is the Secondary Market? The secondary market is where investors buy and sell securities from other investors (think of stock exchanges). For example, if you want to buy Apple stock, you would purchase the stock from investors who already own the stock rather than Apple.