ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -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-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: -Secondary Market is a financial market where securities like bonds and shares are bought and sold by investors. The secondary market is also known as the aftermarket because the transactions are done after the primary market and between investors to investors which are secondary.

Detailed explanation-4: -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. Apple would not be involved in the transaction.

Detailed explanation-5: -In the primary market, companies sell new stocks and bonds to the public for the first time, such as with an initial public offering (IPO). The secondary market is basically the stock market and refers to the New York Stock Exchange, the Nasdaq, and other exchanges worldwide.