Primary Market
Categories: Investing, Stocks, Managed Funds, IPO
A primary market is a market where baby stock issues go to be bought for the first time.
Debt, equity, and other securities start trading on the primary market and then, after they are initially priced (during the Initial Public Offering), they can trade on the secondary market.
It's a magical place with bright-eyed, bushy-tailed securities and lots of yelling.