Buy and Sell Restricted Securities

SecondMarket provides liquidity and centralized price transparency for restricted and/or unregistered stock, warrants, convertible debt, employee stock options and Rule 144 & 144A securities. Our innovative warrant management program helps holders monetize warrants, including securities in small and micro cap companies. More than 15,000 institutional and accredited investors have signed up to buy and sell restricted and illiquid securities on our trading platform and through our market specialists.
  • Sellers gain access to large and specialized buyer base
  • Buyers can access unique investment opportunities
  • No heavy lifting for buyers and sellers - comprehensive support from listing to settlement
  • 60 second sign up form to apply for FREE access
Philip H. Reicherz

Contact Us

Philip H. Reicherz
Managing Director, Restricted Securities
phr@SecondMarket.com +1 212.668.3036
  • SecondMarket to be Honored at Davos


Market News

Sep 2 2010

Beware This Chinese Export — online.barrons.com

  • China's biggest businesses raise capital through underwritten initial public offerings. But in the past few years, hundreds of mid-market entities have gotten U.S. listings through a back-door maneuver known as a "reverse takeover"—in which an active Chinese business merges into a dormant American shell corporation that was registered for public trading.
  • The lure for American investors is the wondrous growth of China's economy and the ascent of such benchmarks as the Halter USX CHINA Index, which rose more than 60% last year. But most reverse-merger stocks have proven to be a poor way to ride China's boom. Today, the market cap of these stocks has shrunk to $20 billion, a 60% drop.

Sep 2 2010

Hedge Fund Trade Group Endorses OTC Derivatives Reform - FINALternatives — www.finalternatives.com

  • The G20 has stated that all OTC derivative contracts should be reported to trade repositories, while all standardized contracts should be cleared through central counterparties and, where appropriate and practical, traded on an exchange or electronic trading platform.
  • AIMA states that hedge fund managers—heavy users of OTC derivatives—would have to bear significant costs associated with administrative and operational changes the reforms would require. However, the organization believes that in the long run, hedge funds would actually benefit.

Aug 27 2010

Investors Pull $7.1 Billion From Stock Funds Globally — noir.bloomberg.com

  • Investors withdrew a net $7.1 billion from equity funds tracked worldwide in the week to Aug. 25 and put some $5.2 billion into bonds amid concern economies in the U.S. and Europe are losing momentum

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