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19 October, 16:45

What are primary and secondary markets?

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  1. 19 October, 19:21
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    The primary market is the market in which the new securities like bonds, stocks, etc are offered to the general public for the first time or we can say Initial public offer.

    The initial public offer is an example of the primary market.

    On the other hand, the secondary market is that market in which the securities are purchased or sold through the investors after offering to the general public.

    Example - New York Stock Exchange (NYSE), etc.
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