Trading & Market Structure

Secondary Market

Definition

What is Secondary Market?

The market in which existing securities trade among investors.

Example in practice

A bondholder sells an already issued bond to another investor.

Keep learning

The highest price a buyer is currently willing to pay for a security.

The lowest price a seller is currently willing to accept for a security.

The difference between the best available buying and selling prices.

An instruction to buy or sell immediately at the best available prices.

Think you know your investing terms?

Put your knowledge to the test with a quick quiz.