What is Primary Market? | SIE, SERIES7, SERIES65, SERIES66 Exam Prep
Dec 31, 2025
The primary market is where new securities are issued and sold for the first time, with proceeds going directly to the issuing company or government—including IPOs and new bond offerings.
📚 Learn more about Primary Market and other key terms for your SIE, SERIES7, SERIES65, SERIES66 exam at Open Exam Prep.
🎯 This term appears on: SIE, SERIES7, SERIES65, SERIES66
🔗 Full glossary: https://www.open-exam-prep.com/glossary
🔗 Primary Market definition: https://www.open-exam-prep.com/glossary/primary-market
💡 Exam Tip: Primary market = NEW securities, proceeds to ISSUER. Secondary market = existing securities, proceeds to SELLER.
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