The market in which securities are issued, purchased by investors, and subsequently transferred among investors is called the securities market.
Corporate Securities Markets also known as the Securities Markets refers to the market for Shares and bonds of the existing companies (organisations), as well as of new Companies
We have new issue market (new issuances) – known as Primary Market. The primary market, also called the new issue market, is where issuers raise capital by issuingsecurities to investors
And we also have the old issue market (already in circulation) – known as Secondary Market or the Stock exchange
It is very important to understand that New Issuance markets and Stock Exchanges are inter-linked and work in tandem.