Question

When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called:

Answer 1

It is called an exchange.

Step-by-step explanation:

The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued. The national exchanges, such as the New York Stock Exchange (NYSE) and the NASDAQ, are secondary markets.