The securities, either fixed or variable income (stocks, bonds, etc..) Are issued by companies in the primary market, through different ways. The secondary market began its function from that moment, in charge of post sales of these titles among investors, it behaves like resale market, finance responsible for providing liquidity to the titles. In the secondary market, the securities are bought and sold among various investors. Therefore, it is an important characteristic that the secondary market has a very high liquidity. hedge funds At its origin, the only way to create this liquidity was that potential buyers and sellers to come together in a fixed place regularly. So is it originated as the stock exchanges.
In good secondary markets largely depends on the effectiveness of the capital market in general and the primary market for securities or released, in particular. If the secondary market did not exist, investors would be reluctant to buy securities in the market then released because they could not get rid of when elllos need money or liquidity.
In the absence of a secondary securities markets well-organized, the primary market could only work in a precarious and the Capital companies could not get the financial market capital needed to finance their investments in the long term, which would be without remedy in a bottleneck of overall economic activity.

Reuters via Yahoo! Philippines News
MOSCOW, November 17 (Reuters) – Russian aluminum major has agreed to billionaire Mikhail Prokhorov to make another $ 700 million tranche for the purchase of its shares in mining giant Norilsk Nickel, a newspaper said on Monday .

Gulf Times
AMMAN: Arab stock markets suffered heavy losses this week as gloom engulfed the region amid fears of a global recession. Thursday Asset Management suspended trading on the Kuwait Stock Exchange proved to be a wrong signal to other markets in the region, financial analysts said yesterday Asset Management of .

Reuters via Yahoo! Philippines News
MOSCOW, November 17 (Reuters) – Russian aluminum major Rusal has agreed to billionaire Mikhail Prokhorov to make another $ 700 million tranche for the purchase of its shares in mining giant Norilsk Nickel, a newspaper said on Monday .

CNW Group via Yahoo! Finance
Roxmark Mines Limited announced today that it has granted options to purchase a total of 1600000 ordinary shares of Roxmark to certain members of the management team and employee stock options in accordance with its stock option plan.