Secondary Market
| Secondary Market | |||
| A secondary market on which an investor purchases an asset from another investor rather than an issuing corporation. | |||
| A good example is the New York Stock Exchange. Here all stock exchanges are part of the secondary market, as investors buy securities from other investors instead of an issuing company. | |||
Markets Demystified A Market By Any Other Name Getting to Know Stock Exchanges The Tale Of Two Exchanges: NYSE And Nasdaq | |||
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