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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Talitha Taslim

Date Created: 26 Jun 2017
Category 40
Tag Financial
Question What is a 'Secondary Market'?
Advice from Guru
Hello LuckyWoman,

The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued. The national exchanges, such as the New York Stock Exchange (NYSE) and the NASDAQ, are secondary markets.

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