secondary market

(redirected from Secondary marketing)
Also found in: Dictionary.

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 ?
Lykken describes the challenges secondary marketing managers, executives and owners face in the current market, provides an explanation of why some lenders experience financial difficulties and offers solutions on how to prevent these issues in the future.
Greg Crosby, ASC's secondary marketing business unit manager, and Jay McKee, head of PowerSeller support, will conduct the workshop.
In Salt Lake City, Utah, ASC continued the workshop series to educate lenders about managing secondary marketing risk and boosting profitability.
PowerSeller was designed to improve secondary marketing performance through a cohesive set of tools.
Since joining ASC in 1997, Crosby has played a pivotal role in developing several software products, including PowerSeller(R), ASC's secondary marketing and pipeline risk management software system.
Crosby joined ASC in 1997 and has since played a key role in developing PowerSeller(R), ASC's secondary marketing and pipeline risk management software system.
The workshop kicks off ASC's PowerSeller Performance Hedging Workshop Series, which is held to educate lenders about managing secondary marketing risk and boosting profitability.
Schrembeck serves at ASC as a project support analyst for the PowerSeller Business Unit, which enables users of the PowerSeller(R) secondary marketing software to better manage risk and boost profitability.
a residential mortgage lending company, has purchased PowerSeller(R), ASC's secondary marketing and risk management software.
The new standalone Secondary Marketing Module enables lenders to better manage loan pooling, commitments, trades and investor rejections by organizing them using a central repository that can easily filter for loans with common characteristics.
Enhancements include updated compliance, improved data management and reporting, secondary marketing improvements and electronic document management and delivery.
After using the Sollen Suite products including Best Ex, LenderOnline, RateSheet Generator and RateSheet E-mailer for six months, the lender reports increased operating efficiency and profits in the secondary marketing division.

Full browser ?