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 ?
1276(a), a discount arising in a secondary trade because of changes in market conditions must be included as ordinary income when the instrument is disposed of (or, if held to maturity, when redeemed).
The secondary trade area includes San Ramon and Castro Valley.
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.
Since its inception in June 2000, TSI has been a pioneer in the syndicated loan space, launching the first cloud-based platform for the settlement of secondary trades and creating the first real-time data link with a widely used agent bank.
There will be a technical breakdown in 3 batches identifying distinct services - Lot 1: Electrical equipment and monitoring and control system, : - Lot 2: Hydraulic Equipment : - Lot 3: Civil engineering, secondary trades, VRD.
This transaction marks the company's first comprehensive global e-bond offering as all bids and secondary trades of the bonds are capable of being processed on-line.