secondary market


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Related to secondary market: money market, Capital market

Secondary market

The market in which securities are traded after they are initially offered in the primary market. Most trading occurs in the secondary market. The New York Stock Exchange, as well as all other stock exchanges and the bond markets, are secondary markets. Seasoned securities are traded in the secondary market.

Secondary Market

The market for all investors in a security, except for the first ones to whom a new issue of a security is sold. The secondary market consists of all sellers and buyers, except for the issuer and the first group of investors who bought the issue. The secondary market is often less volatile than the primary market because it is easier to determine the underlying value of a security after it has already begun trading. Nearly all trading of a security occurs on the secondary market.

secondary market

The market in which existing securities are traded among investors through an intermediary. Organized exchanges such as the New York Stock Exchange facilitate the trading of securities in the secondary market. Also called aftermarket. Compare fourth market, primary market, third market.

Secondary market.

When investors buy and sell securities through a brokerage account, the transactions occur on what's known as the secondary market.

While the secondary market isn't a place, it includes all of the exchanges, trading rooms, and electronic networks where these transactions take place.

The issuer -- company or government -- that sold the security initially receives no proceeds from these trades, as it does when the securities are sold for the first time.

secondary market

A general description for the sale and purchase of financial instruments.The New York Stock Exchange is a secondary market for shares of stock. Although there is not a similar central exchange vehicle,trading in existing mortgages is also called the secondary market.

References in periodicals archive ?
Amidst a backdrop of volatility in Europe and heavy fluctuations in the global energy and currency markets, secondary market pricing has continued to be robust.
LONDON, July 14, 2015 /PRNewswire/ -- Ablrate, a pioneering peer-to-peer lending platform that is the first in the world to offer investors access to asset backed loans against aircraft transactions has launched a sophisticated new platform with a unique Secondary Market.
The UAE, which was upgraded in May to emerging market status by global index provider MSCI, initiated the secondary market to enable privately-held companies to list and trade their shares as part of a strategy to boost liquidity.
The third paper (A Secondary Market that Works for Smaller Lenders) is geared at steps that will ensure smaller lenders have equal access and execution opportunities to the secondary market, while at the same time incorporating an explicit federal guarantee for certain mortgage-backed securities (MBS).
And Coventry First is "aggressively pursuing" efforts to see that the secondary market is regulated in every state, he said, noting that about 20 states currently regulate the industry.
First the premise, that Los Angeles is a secondary market.
A discount arising on an acquisition in the secondary market is treated differently from one arising on original issue.
The growth in the secondary market for life insurance policies has soared over the last decade.
The HMDA data also shed light on the secondary market for mortgages.
The reason: Growing liquidity in the secondary market is enabling mortgage lenders, banks, credit unions, pension funds and others to sell loans at higher prices to meet the growing demand from institutional buyers seeking quality assets that were previously a scarce commodity.
com plans to expand into other secondary market trading areas.

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