aftermarket

(redirected from Second market)
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Related to Second market: third market

aftermarket

Products that are offered as replacements for an original part. An aftermarket product may be identical to the original or offer entirely different features.
References in periodicals archive ?
ADX introduced second market listings in 2014, following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to support sustainable economic growth integrated to all sectors.
HE Hamad Al Shamsi, Chairman of ADX, said: "ADX is keen to attract more companies for listing on the primary and second markets, in support of the Abu Dhabi Plan's commitment to developing the investment climate of the Emirate and creating a flexible and competitive environment for business.
Sultan bin Saeed Al Mansouri said that Shaikh Mohammed's approval for the launching of the Second Market reflects the foresight of the UAE's wise leadership and recognition of the significance of both the public and the private joint stock companies in building the country's economy.
The launching of the second market, which is solely for trading of shares of private companies, is part of the SCA's comprehensive strategy aimed at achieving leadership in developing the financial markets and in contributing to the development of the national economy according to the best international standards and practices.
The ADX introduced the second market for trading of private companies.
Dubai: The UAE started trading in second markets on Tuesday, a move that can boost liquidity for private companies and pave the way for its IPO in the primary market.
Sulatn Bin Saeed Al Mansouri, UAE minister of economy rang the bell along with Eisa Kasim, chairman of the Dubai Financial Market and others, inaugurating the second markets at a capital markets conference in Dubai.