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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Mentioned in
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.