Primary
market
|
Secondary
market
|
1. The Primary market refers to the market
where new securities are issued by the company that wishes to obtain capital
and is sold directly to the investor.
|
1.The secondary market refers to the
market where securities that have already been issued are traded. Instruments
that are usually traded on the secondary market include stocks, bonds,
options and futures.
|
2. Company
is directly involved in the transaction,
|
2. Company
has no involvement since the transactions occur between investors
|