The trading of existing securities is known as ________.

Question

Quizplus · Accepted Answer

The secondary market is where investors trade already existing securities, such as stocks or bonds, among themselves. The primary market, on the other hand, is where new securities are issued to the public for the first time. The third market refers to the trading of exchange-listed securities off-exchange, while the money market refers to the market for short-term, low-risk debt securities.

The Trading of Existing Securities Is Known as ________