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jiten005
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Re: secondary market - February 7th, 2018

Quote:
Originally Posted by abhishreshthaa View Post
The secondary market enables participants who hold securities to adjust their holdings in response to changes in their assessment of risk and return. They also sell securities for cash to meet their liquidity needs.


The exchanges do not provide facility for spot trades in a strict sense.


Closest to spot market is the cash market in exchanges where settlement takes place after some time. Trades taking place over a trading cycle (one day under rolling settlement) are settled together after a certain time.
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