Finance for Non-Financial Managers: What is the secondary market?

Video 15 in the Finance for Non-Financial Managers Video Series.....Financial Management skills are so important in a world where money is an important resource.....having the right understanding around money can help you make better decisions.....learning new skills around money is key to making good decisions....
Learn more about Finance in this video series called: Finance for Non-Financial Managers. Please post questions if you have any that require answers...
In this video, "What is the secondary market? " is explained =)
When businesses operate, they require capital. Large businesses can issue debt and equity in the financial market to help raise capital.... the business will complete an Initial Public Offering (IPO) in order to raise the desired amount of capital in the financial markets. When shares/stock in the company is first sold in the financial markets, this is conducted and concluded in the primary market. After these shares have been issued, other investors, traders and asset managers can actively buy and sell these instruments in the secondary market....

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