This market allows investors to buy and sell securities that are already on the market.
In finance, the Secondary Market, also referred to as the Aftermarket, plays a vital role in facilitating the exchange of previously issued financial instruments such as stocks, bonds, futures, and options. This market provides an avenue for investors to buy and sell securities that are already available on the market. It serves as a platform for liquidity and price discovery, allowing for efficient trading and investment opportunities. Understanding the workings of the Secondary Market is crucial for any investor looking to navigate the world of finance.