Secondary Trade

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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 ?
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.
The pricing of outstanding issues in secondary trades is affected by subsequent market changes, which give rise to their own discounts or premiums in later acquisitions.
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.
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.