Trading & Market Structure
Secondary Market
Definition
What is Secondary Market?
The market in which existing securities trade among investors.
Example in practice
How This Looks in Practice
A bondholder sells an already issued bond to another investorA person or organisation that commits capital with the expectation of a financial return..
Keep learning
Related Terms
Trading & Market Structure
Bid
The highest price a buyer is currently willing to pay for a security.
Trading & Market StructureAsk
The lowest price a seller is currently willing to accept for a security.
Trading & Market StructureBid-Ask Spread
The difference between the best available buying and selling prices.
Order TypesMarket Order
An instruction to buy or sell immediately at the best available prices.