Business / Taxes / Auction Market: Auction market trading, sometimes known as open outcry, is the way the major exchanges, such as the New York Stock Exchange (NYSE) and the Chicago Mercantile Exchange (CME), have traditionally handled buying and selling. Brokers acting for buyers compete against each other on the exchange floor, as brokers acting for sellers do, to get the best price. While the trading can be quite intense it is orderly because the participants adhere to exchange rules.
Market Verb Synonyms: market-place, exchange, Stock Exchange
Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Noun Synonyms: demand, customer base, call
Business / Finance / Double Auction System: Systems by which listed securities are bought and sold through brokers on the securities exchanges, as distinguished from the OTC market, where trades are negotiated. Unlike the conventional auction w MORE
Business / Finance / Marketed Claims: Claims that can be bought and sold in financial markets, such as those of stockholders and bondholders. MORE