| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Auction Market
Definition 1.
A market in which buyers enter competitive bids and sellers enter competitive offers at the same time.
|
Definition 2.
A system in which buyers enter competitive bids and sellers enter competitive offers simultaneously, as opposed to the over-the-counter market, where trades are negotiated. Examples are the NYSE and the AMEX. also called double auction market.
|
Definition 3.
Stock exchanges, like the New York Stock Exchange and the American Stock Exchange, are auction markets where buyers and sellers meet through a specialist. (See dealer market, Market Maker, specialist)
|
|
|