Glossary entry

Swedish term or phrase:

andrahandsomsättning

English translation:

trading on the secondary market

Added to glossary by Jan Schauseil
May 14, 2009 12:19
15 yrs ago
Swedish term

andrahandsomsättning

Swedish to English Bus/Financial Business/Commerce (general)
Heading from an offer to subscribe for shares

No more context

Proposed translations

+1
19 mins
Selected

trading on the secondary market

The primary marked for shares is when the investor buys the shares directly from the issuer. The secondary market is when the shares are traded between investors.

Any investor who wishes to buy or sell fund shares at that point will have to do so on the secondary market.
http://en.wikipedia.org/wiki/Closed-end_fund
Peer comment(s):

agree Shawn Champion : "..For banks that don't rely on the secondary market, its collapse left them in a stronger position than their competitors."
11 hrs
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4 KudoZ points awarded for this answer.
9 mins

subsequent sale

A rather general term that works in many contexts. I find that this usually works for me, but there are other terms as well. Wait for a few other replies too.
Peer comment(s):

neutral Bjørnar Magnussen : But couldn't "subsequent sale" also mean that more shares are issued from the original issuer?
12 mins
Well, perhaps. Though I wouldn't understand it that way. "A new issuance of shares" and "subsequent sales" don't really have he same ring to them. On the other hand, if you are talking about a later sale without a new issuance then it could be confusing.
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11 mins

indirect sales

Without more context it is a bit difficult to be certain. Could also be second hand sales.

Examples from Google:

"...pros and cons of indirect sales of shares of Ukrainian companies, and spoke on the practical aspects of risk management in an M&A deal."

http://www.interfax.com.ua/eng/press-release/12126/

"...and the Reporting Persons and their affiliates, on the other hand, with respect to the direct or indirect sales of shares of Common Stock."

http://www.secinfo.com/dsVs2.865.htm
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2 hrs

secondary circulation

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Reference comments

8 hrs
Reference:

Not possible to give a correct answer without more context. Give us the first few lines at least.
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