COMPARISON OF THE PRIMARY AND SECONDARY MARKETS

Often, when investors talk about buying stocks, bonds, and mutual funds, they refer to "markets."  There are two major markets on which these investments are bought—the primary and secondary markets.  There are also third and fourth markets, which we will not discuss here.  This tutorial will compare the features of the primary and secondary markets, and help you distinguish between the two.

What Are the Primary and Secondary Markets? How Are Securities Brought to the Primary and Secondary Markets? How Are Securities Priced on the Primary and Secondary Markets? What Risks Are Associated With the Primary and Secondary Markets? Know Your Markets

We will begin by defining the primary and secondary markets for securities.