The Largest Secondary Market For Illiquid Assets

Leveraging our sophisticated online platform and team of market specialists, SecondMarket helps buyers and sellers transact in illiquid, restricted and alternative assets.

• FREE to sign up, get market color, list assets and place bids
• Buyers can find unique investment opportunities while sellers gain access to liquidity
• Billions of dollars in completed transactions and more than $20 billion in assets available for sale
• More than 15,000 participants, including global financial institutions, hedge funds, private equity firms, corporations and high net worth individuals

Buy and sell Asset Backed Securities

SecondMarket brings together more than 1,000 institutional and accredited investors who have signed up to buy and sell asset backed securities and other structured products.

• Centralized secondary market to receive market color and buy and sell asset backed securities
• Transparent, competitive and independent market - we do not engage in proprietary trading
• FREE to sign up, list ABS, place bids and access documents on more than 1,000 securities

Buy and sell Auction Rate Securities (ARS)

With more than $13 billion in ARS available for sale and billions of dollars in completed transactions, SecondMarket is the largest secondary market to buy and sell auction rate securities.

• FREE to sign up, list ARS, place bids or get market color on SLARS, ARPS and MARS
• Complete anonymity for buyers and sellers
• Competitive, transparent and independent market - SecondMarket does not engage in proprietary trading
• Centralized auction rate securities documentation

Buy and sell Bankruptcy Claims

With over $550 million in bankruptcy claims available for sale and hundreds of investors signed up to our online platform, SecondMarket is THE largest secondary market to buy and sell bankruptcy claims.

• Municipalities, corporate vendors and other creditors can monetize claims NOW to avoid a long and uncertain recovery process
• Buyers gain access to unique investment opportunities in vendor claims
• FREE case data on 500 bankruptcy cases
• FREE to sign up, list claims and place bids

Buy and sell Collateralized Debt Obligations

SecondMarket brings together hundreds of institutional and accredited investors who have signed up to buy and sell collateralized debt obligations (CDOs).

• More than $900 million in collateralized debt obligations available for sale
• Competitive, transparent and independent market - SecondMarket does not engage in proprietary trading
• FREE to sign up, list collateralized debt obligations, place bids and get market color

Buy and sell Limited Partnership Interests

With over $1 billion in limited partnership interests available for sale and hundreds of LPs signed up, SecondMarket creates a centralized, GP-controlled market to buy and sell limited partnership interests.

• GPs can control secondary activity in their funds
• LPs can gain liquidity and rebalance their portfolio
• Long-term investors can gain access to closed private equity funds

Buy and sell Mortgage Backed Securities

SecondMarket brings together hundreds of institutional and accredited investors who have signed up to buy and sell mortgage backed securities, including residential mortgage backed securities (RMBS) and commercial mortgage backed securities (CMBS).

• Sellers gain access to large and specialized buyer base
• Buyers can access unique investment opportunities
• Competitive, transparent and independent market - SecondMarket does not engage in proprietary trading
• FREE to list MBS, place bids and access documents on thousands of structured products

Buy and sell Private Company Stock

With more than $300 million in completed transactions and approximately $300 million in private company stock available for sale, SecondMarket is THE largest secondary market for private company shares.

• Companies can work with SecondMarket to control secondary activity in their stock
• Existing shareholders can gain full or partial liquidity
• Investors can purchase stock in some of the hottest pre IPO start-ups

Buy and sell Restricted Securities

With thousands of completed transactions, representing more than $400 million in securities, SecondMarket is the largest secondary market to buy and sell restricted securities.

• Includes restricted stock, convertible debt and warrants in small and micro cap companies
• Competitive, transparent and independent market - SecondMarket does not engage in proprietary trading
• FREE to sign up, list a security, bid and receive market color

Buy and sell Whole Loans

SecondMarket's centralized market for whole loans brings together hundreds of institutional and accredited investors who have signed up to buy and sell whole loans, including performing and non-performing, individual and portfolios across residential, commercial and construction loan types.

• Sellers gain access to large and specialized buyer base
• Buyers can access unique investment opportunities
• Competitive, transparent and independent market - SecondMarket does not engage in proprietary trading
• FREE to get market color, list loans, place bids or access documents on whole loans

Buy and sell inUpcoming Markets

In the coming months, SecondMarket will leverage its expertise in illiquid assets to launch markets for some of the largest asset classes in the world. SecondMarket is continuously looking to bring efficiency and transparency to traditionally illiquid markets. New markets we are exploring include:

• 363 Bankruptcy Sales
• Condo Hotels
• Private REITs
• Trust Preferred Securities (TruPS)