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The market that exists in a new security just after the new issue, is often referred to as the aftermarket. Once a newly issued stock is listed on a stock exchange, investors and speculators can easily trade on the exchange, as market makers provide bids and offers in the new stock.The secondary market is the financial market for trading of securities that have already been issued in an initial private or public offering. Alternatively, secondary market can refer to the market for any kind of used goods.
Before electronic means of communications, the only way to create this liquidity was for investors and speculators to meet at a fixed place regularly. This is how stock exchanges originated, see History of the Stock Exchange. Secondary Marketing by MBS is the monthly journal for top mortgage professionals in charge of originating, buying and selling loans and mortgage loans. The MBS Group is the alternative energy industry's premier monthly publication serving the specifiers, sellers, and installers of alternative secondary marketing. Programs find out how to get connected to our secondary marketing programs and let us help you manage your pipeline whether you sell to us for cash or swap for secondary marketing research, or desk research, already exist in one form or another.
In the secondary market, securities are sold by and transferred from one investor or speculator to another. It is therefore important that the secondary market be highly liquid and transparent.
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