Secondary market refers to a marketplace where previously issued securities are traded among investors. These securities can include stocks, bonds, and other financial instruments that have already been sold in the primary market, which is where new securities are issued.
There are several benefits to buying tips on the secondary market. First, it allows investors to buy and sell securities that are not available on the primary market. Second, the secondary market provides liquidity, which means that investors can easily buy and sell securities without having to wait for a long period of time. Third, the secondary market can help investors to diversify their portfolios by providing access to a wide range of securities.