secondary market

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Related to After-Markets: Pre Market Trading

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 ?
We are now able to offer a family of turbines that is based on our unique know-how as a world-leading manufacturer of industrial steam turbines as well as on our extensive experience in the geothermal after-market.
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Large-scale local enterprises also target OEM market, while small enterprises are engaged in after-market.
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In addition, KTI serves the automotive, electrical and other industrial markets and their associated after-markets.
automotive and electronic after-markets should exceed 300 billion in combined revenues this year.
These positive rating factors are offset by the company's high concentration of affiliated investments and the strong premium growth expected in 1998 with the acquisition of the auto after-markets group from ACCEL International Corp.
The system, which was developed specifically for auto after-markets, will be installed for limited warehouse testing in December and is scheduled to be operational throughout the company by March.
As the Internet becomes a supplanting technology there are going to be abundant opportunities in the derivative after-markets for tools," said Bob Davoli, general partner at Sigma.
The scale of UNIWHEEL is relatively smaller, but has much shares in after-market.