The primary distinction between securities sold in the primary and secondary markets is:

Question

Quizplus · Accepted Answer

The primary market is where new securities are issued and sold, while in the secondary market, already issued securities are bought and sold. Therefore, the primary distinction between the two markets is whether the securities are new or already exist. The riskiness, price, and profitability of the securities may vary in both markets.

The Primary Distinction Between Securities Sold in the Primary and Secondary