auction market
A market (such as the New York Stock Exchange) in which securities are bought and sold by competitive bidding through brokers. Cf. negotiated market.
A market (such as the New York Stock Exchange) in which securities are bought and sold by competitive bidding through brokers. Cf. negotiated market.
A market (such as an over-the-counter securities market) in which buyers and sellers seek each other out and negotiate prices. Cf. auction market.