Question

    Second hand stocks/shares are traded with: (Common platform for trading)

    A Primary Market Correct Answer Incorrect Answer
    B Secondary Market Correct Answer Incorrect Answer
    C Money Market Correct Answer Incorrect Answer
    D Financial Institution Correct Answer Incorrect Answer

    Solution

    Second-hand stocks/shares are traded in the: Secondary Market The secondary market is the financial market where already issued securities, such as stocks or shares, are bought and sold by investors. It is often referred to as the "stock market" or "stock exchange." In the secondary market, investors trade these securities among themselves, and the proceeds of the sales go to the seller rather than the issuing company.

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