It is estimated that secondary market trading accounts for more than 90 percent of all equity trading in Canada.In these circumstances,what is meant by the term "secondary market"?

Question

Quizplus · Accepted Answer

In the context of the statement, a secondary market refers to the buying and selling of securities from third parties, rather than directly from the issuing company. This is the dominant form of equity trading in Canada. Choices B and D refer to primary market activities, while choice C is a specific form of corporate action.

It Is Estimated That Secondary Market Trading Accounts for More