Answer:
The correct answer is: secondary market.
Explanation:
The capital market can be categorized into two types, primary market, and the secondary market.
The securities are created in the primary market. The firms sell their new bonds and stocks for the first time in the primary market. The investors can buy these stocks and bonds directly from the companies.
The secondary market is also known as the stock market. The previously sold stocks and bonds are exchanged between investors in this market.
Since previously owned stocks are to sell, this sale will occur in the secondary market.
