Question 16. What does first-hand market – second-hand market mean?

The market where stocks are sold by joint stock companies “outside the stock exchange” is called the “Primary Market”.

Within the framework of applicable laws, some companies during the establishment phase or when they go public for the first time, a portion of the shares in the “Primary Market also possible to be sold.

“Second-hand market” is the market where publicly offered shares is the market where things are bought and sold. But there is something here must be taken care of. Any start-up company or a formerly established company going public for the first time the firm may sell its shares in the “Primary Market” (Stock Exchange other than the stock exchange) directly on the stock exchange instead of selling it may prefer to buy shares on the secondary market.

“Second-hand market” is the market for shares offered to the public is the market in which hands change hands, it is not necessarily “only The stock market is a second-hand market”. If share If the securities are traded outside the stock exchange, this stock exchange other transactions are also referred to as “Second-hand Market Transactions”. should be accepted. Translated into Turkish as “Over the Counter” There is a foreign idiom that can be translated as: “Over the counter market”. That’s what we call over-the-counter trading. is used to express the operations we express.

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