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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.


References in periodicals archive ?
Back in 1980, one of my co-workers bought a little aftermarket black-and-white television for her car so that she could monitor the soap opera "General Hospital" on her way home from work (foolhardy then and illegal now for drivers in 38 states).
Automotive Aftermarket Industry Association, 2005 Automotive Aftermarket Products Expos, Sands Expo Center, Las Vegas, NV, AAIA (301) 654-6664--November 1-4.
If his aftermarket supplier doesn't have the part, the installer can quickly and easily quote the OE price and order the part from the OE dealer.
So even though Delphi is still more widely known by automotive engineers and marketing people than the general public, consumer electronics is Delphi's fastest growing business unit and puts it on track to achieve what it calls "aspirational" sales targets through the end of the decade, with the first aftermarket products based on future vehicle OE specifications scheduled to debut in fall 2005.
Vehicle service repair, accounting for two-thirds of total automotive aftermarket sales, rose 6.
Every firm in the aftermarket business strives for high service levels.
There has been a breakdown in the structure of the traditional aftermarket.