What is secondary trading?
Secondary trading means existing shares are bought and sold between investors — without the company itself being involved in the transaction. Unlike an issuance (primary market), no new capital is added to the company.
Secondary trading in unlisted shares
In the unlisted market, secondary trading occurs through platforms like Accumeo, where buyers and sellers are matched. The process includes identity verification, expression of interest, and digital signing.
Benefits of secondary trading
- Liquidity — Gives shareholders the ability to realize their investment without waiting for an IPO
- Pricing — Creates a market price that reflects supply and demand
- Accessibility — Opens up unlisted companies to new investors