What is the primary market?

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6th Dec 2009 by cocacolabuffet

The primary market of a financial product is the market in which the product is newly issued. The product is usually sold in the primary market by the underwriter to a selected group of buyer before it is traded in the secondary market among a wider range of participants.

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4th Dec 2009 In Investing 1 Answers | 609 Views
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