What is a secondary market?

What is a secondary market?
Emily Apr-27-2023 02:00:33
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A secondary market is a marketplace where investors can purchase previously issued securities or assets from other investors, rather than from a company or issuer. This type of trading typically takes place on organized exchanges or over-the-counter markets and provides liquidity to previously issued securities. Common examples of securities and assets that are traded on the secondary market include stocks, bonds, commodities, derivatives, and mutual funds.
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Madeleine 1403223205
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answered 22 Aug 2023

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