What is primary and secondary market

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Accepted Answer

Primary market is where new securities are issued and sold for the first time, while secondary market is where existing securities are bought and sold among investors.

Primary market involves the issuance of new securities by companies or governments
Investors purchase these new securities directly from the issuer
Examples of primary market transactions include initial public offerings (IPOs) and bond issuances
Secondary market involves the buying and selling of existing securities among investors
Stock exchanges like NYSE and NASDAQ are examples of secondary markets

What is primary and secondary market

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