ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -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-2: -For buying equities, the secondary market is commonly referred to as the “stock market.” This includes the New York Stock Exchange (NYSE), Nasdaq, and all major exchanges around the world. The defining characteristic of the secondary market is that investors trade among themselves.

Detailed explanation-3: -Secondary markets, referred to also as aftermarkets or follow-on public offerings, refer to the market in which previously issued financial instruments, such as stocks, bonds, options and futures, are traded.

Detailed explanation-4: -Explanation: The secondary market is the place where financial backers, investors purchase and sell securities they currently own. It is the thing that a great many people regularly consider as the ‘stock market, ’ however stocks are additionally sold on the primary market when they are first issued.

Detailed explanation-5: -Secondary market – The secondary market is also known as the stock market; it acts as a trading platform for investors. Here, investors trade in securities without involving the companies who issued them in the first place with the help of brokers.