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LeoGlossary: Secondary Market
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A place where investors and traders buy and sell different kinds of assets or securities they own, with others. This is a place where the average person can get involved.
In the traditional sector, retail investors can trade stocks, bonds, options, and futures.
The reason why there is a secondary market is because the primary market is only for large institutional and accredited investors.
Cryptocurrency also has its own form of primary versus secondary markets.
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