principal market

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Principal Market

The primary exchange on which a security is traded. For example, most blue chip companies list their principal market as the New York Stock Exchange because it is a large exchange with a high trading volume. Nevertheless, these stocks can and do trade on other exchanges, as well as in the over-the-counter market.

principal market

The main market in which a security trades. The principal market for the common stock of most large corporations in the United States is the New York Stock Exchange, even though most of this stock also trades on one or more other exchanges and in the over-the-counter market. See also consolidated tape.
References in periodicals archive ?
Utilizing its proprietary FASTER technology, NZX facilitates fully electronic trading, clearing and settlements across its three principal markets, the NZSX -- Stock Market, the NZDX -- Debt Market, and the NZAX -- Alternative Market.
This seminar will cover the general principles of why these materials are used in polymer systems and the important properties, such as cost, chemical composition and physical properties, that need to be considered in using these fillers in thermoplastics, thermosets and elastomers, as well as briefly outlining the size and value of the principal markets.
2% market gain for steel castings in 1993 and assessed their principal markets for steel castings as:
Applications are varied and include paints and coatings (27% of share), paper and paperboard (23%) and adhesives and sealants (21%) as principal markets.

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