What is the meaning of Secondary market?

When stocks and bonds are bought and sold after the date they are first issued, they trade on what's known as the' Secondary market'. The issuer, or company that offers the stock or bond, gets no proceeds from these secondary trades, as it does when it issues these securities the first time in the primary market. In fact, most securities trading occurs in the secondary market.

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APABarry Goldsmith. (2010). secondary market. Retrieved September 22, 2026, from http://smartdefine.org/secondary_market/definitions/1163055
ChicagoBarry Goldsmith. 2010. "secondary market" http://smartdefine.org/secondary_market/definitions/1163055 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, secondary market, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/secondary_market/definitions/1163055>.
MLABarry Goldsmith. "secondary market" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/secondary_market/definitions/1163055>