3 ms·

>nobody actually benefits from this The secondary market drives the primary market.

• braiamp 1y ago
  If you mean the ones transacting in derivatives, no, they don't. The US market isn't India where the size of the secondary market was bigger than the primary market. If you mean that financial markets drive real markets, that's also wrong. While yes, certain products need a infusion of cash to get to market, that's not the same as having a company acquire the possibility of a new product and just sit on it.
  • unmole 1y ago
    You could just look up what primary and secondary markets meant without speculating and chiming in with irrelevant takes.