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 ?
Through its collaboration with DMCC Tradeflow, a dedicated flexible and customised online platform for registering possession and ownership of commodities in the UAE, TradeAssets will gain access to a larger client base of institutional investors looking to mitigate risk when conducting online primary and secondary trade finance transactions.
The mall serves a population of over 3.1 million in the primary and secondary trade areas, it added.
Twenty minutes from Cairo International Airport and thirty minutes from Cairo Tower, Cairo Festival City Mall serves a population of over 3.1 million in the primary and secondary trade areas.
Euro$ interest rate futures are slightly lower across the spectrum, with short yields backing higher into the $33 B 3-year auction to build a healthy concession that should help with secondary trade. The September 2018 contract is a tick lower near 97.535 (2.465% implied 3-month yield), with the deferreds 1.0-1.5 ticks lower out the back.
TEHRAN (FNA)- Gasoline -- the Persian Gulf Star brand- was the top item offered for secondary trade per the standard advance-sale contracts at Iran Energy Exchange (IRENEX) on Tuesday.
Effective Friday, RCBC said any secondary trade for the LTNCDs should be coursed through MIB.
The overall strategy of the fund is expected to provide it with a means to achieve global diversification in both the primary and secondary trade finance markets.
The third objective is "ordering and clarifying existing provisions, including the lack of solutions in the area of state control of secondary trade in licences".
"Fujairah City Centre is the largest shopping mall in the emirate of Fujairah, and a key destination for the secondary trade areas in the northern emirates of Ras Al Khaimah and Umm Al Quwain," said senior mall manager Majid Al Fahim.
"If you're making 15% on a secondary trade, why buy a new issue at anything less than that?" Hum said.
In a paradigm shift, the best and brightest young men and women filled the nation's secondary trade schools to meet the demand created by retiring boomers in the skilled labor market.
Executive Chairman Peter Harbison said airport privatization "looks set to continue" this year, though he cautioned that 2007 transactions are more likely to be "secondary trade sales than first-time privatizations." He pointed to, among other possible transactions, BAA preparing to sell its Australian airport holdings and the "breakthrough in the US airport sector" of Chicago Midway potentially being leased to private investors.