Primary Market

From Open Risk Manual

Definition

Primary Market. Issuance and primary market trading of new Traded Financial Instruments. This is a marketplace where issuers of e.g., debt or other financial obligations deal directly with finance providers to raise funds. This can be described as Origination and is contrasted with the Secondary Market where financial assets are traded and purchased by other finance providers or investors.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.