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Spot secondary |
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Spot secondarySecondary distribution that may not require an SEC registration statement and may be attempted without delay. An underwriting discount is normally included in these offerings.Spot secondary Similar MatchesSecondary distribution or offeringSecondary distribution or offeringPublic sale of previously issued securities held by large investors, usually corporations or institutions, as distinguished from a primary distribution, where the seller is the issuing corporation. The sale is handled off the NYSE, by a securities firm or a group of firms, and the shares are usually offered at a fixed price related to the current market price of the stock. Secondary tariffsSecondary tariffsAny charges imposed on imports in addition to the statutory tariff, such as an import surcharge. Secondary marketSecondary marketThe market in which securities are traded after they are initially offered in the primary market. Most trading occurs in the secondary market. The New York Stock Exchange, as well as all other stock exchanges and the bond markets, are secondary markets. Seasoned securities are traded in the secondary market. Forfaiter (Secondary)Forfaiter (Secondary)An individual or financial entity that buys or sells the payment obligations of the importer/ guarantor. Registered secondary offeringRegistered secondary offeringA reoffering of a large block of securities, previously publicly issued, by the holder of a large portion of some corporation through an investment firm. Further SuggestionsSecondary Mortgage MarketSecondary Offering Secondary mortgage market Secondary Financing Secondary issue secondary market |
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