Järelturult

Järelturult refers to the secondary market, a concept in economics and finance that describes the market where previously issued securities and assets are traded between investors. Unlike the primary market, where newly issued securities are sold by companies or governments to raise capital, the järelturult involves the trading of assets that have already been owned by someone. Examples of assets traded in the järelturult include stocks, bonds, cryptocurrencies, and even physical goods like used cars.

The existence of a liquid järelturult is crucial for the functioning of financial markets. It provides investors with liquidity, meaning they can easily buy or sell their holdings without significant loss in value. This liquidity encourages investment in the primary market, as investors know they can exit their positions if needed. The järelturult is typically facilitated by exchanges, such as stock exchanges, or through over-the-counter (OTC) markets. Prices in the järelturult are determined by supply and demand, reflecting investors' perceptions of an asset's value and future prospects. The efficiency and transparency of the järelturult are important for fair price discovery and overall market stability.