Secondary Trade

Secondary Trade

Any trade of a security other than the first trade. Prices for secondary trades are often less volatile than those that occur on the primary market because it is easier to determine the underlying value of a security after it has already begun trading. Nearly all trades are secondary trades.
References in periodicals archive ?
TEHRAN (FNA)- Gasoline -- the Persian Gulf Star brand- was the top item offered for secondary trade per the standard advance-sale contracts at Iran Energy Exchange (IRENEX) on Tuesday.
Effective Friday, RCBC said any secondary trade for the LTNCDs should be coursed through MIB.
The third objective is "ordering and clarifying existing provisions, including the lack of solutions in the area of state control of secondary trade in licences".
Fujairah City Centre is the largest shopping mall in the emirate of Fujairah, and a key destination for the secondary trade areas in the northern emirates of Ras Al Khaimah and Umm Al Quwain," said senior mall manager Majid Al Fahim.
The secondary trade area includes San Ramon and Castro Valley.
2: Hydraulic Equipment- Lot # 3: Civil engineering, secondary trades, vrdthe contract will be concluded with contractors grouped spouses.
Beginning with an overview of typical building cost estimates, the work covers topics such as math and measurement, excavation and site work, concrete measurement, carpentry estimates, masonry and finishes, estimating secondary trades, pricing general expenses, labor costing, equipment, subcontractors, summaries and bids, and computer aided estimating.
Works contract for the construction of a wood and bulky milling and sorting waste for recycling : Lot 1: Earthworks / vrd / landscaping : lot 2: structural work / foundations : lot 3: closed / covered : lot 4: secondary trades : lot 5: hvac / plumbing : Lot 6: lift : Lot 7: External joinery : Lot 8: roll-up doors : Lot 9: electricity / solar panels : lot 10: mill and devices : Lot 11: baler and conveyor : Lot 12: ventilation / dust.