The Secondary Market Purchases and sales of existing stocks and bonds occur in the secondary market.
{"Image DocumentName": "The Secondary MarketPurchases and sales of existing stocks and bonds occur in the secondary market.", "Image ImageDescription": "Transactions in the secondary market do not provide additional funds to the firm. The secondary market increases the liquidity of securities outstanding and lowers the required returns of investors. Composed of organized exchanges like the New York Stock Exchange and American Stock Exchange plus the over-the-counter (OTC) market.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}