Key difference between primary and secondary market
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Answer:
In the primary market, the investor can purchase shares directly from the company. In Secondary Market, investors buy and sell the stocks and bonds among themselves. In the Primary Market the amount received from the securities are the income of the company, but in the Secondary Market, it is the income of investors.
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The primary market is where securities are created, while the secondary market is where those securities are traded by investors. ... The secondary market is basically the stock market and refers to the New York Stock Exchange, the Nasdaq, and other exchanges worldwide.
This is true for the Indian stock markets as well. Basically the primary market is the place where the shares are issued for the first time. ... On the other hand the secondary market is the stock market where existing stocks are brought and sold by the retail investors through the brokers.