Answers
Table showing difference between primary market and secondary market
| Primary market | Secondary Market |
| Primary market refers to market where securities of company are issued for first time. For eg IPO. | Secondary Market refers to market where already issued securities are traded i.e between two traders |
| Here company is seller and public is buyer | Here trading is done among public |
| Main aim is to provide company a platform to raise money, create brand image etc | Main aim is to provide liquidy to the Investor |
| Underwritters are intermediary in primary market | Brokers are intermediary in seconday market i.e securities are bought and sold through brokers |
| Price of the shares are fixed by the company hence it does not fluctuate more | Prices in secondary market fluctuates heavily |
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