Crossed Market

Business / Taxes / Crossed Market: A market in a particular stock or option is described as crossed when a bid to buy that stock or option is higher than the offer to sell it, or when an offer to sell is lower than a bid to buy. A crossed market reverses the normal relationship of a stock quotation in which the bid price is always lower than the ask price, and it's illegal for market makers to cross a market deliberately. It may occur when investors place after-hours market orders electronically for execution at opening, or when investors trade directly through an electronic communications network (ECN). NASD has introduced a set of pre-opening procedures for market makers on the Nasdaq Stock Market. They help prevent the confusion and potential inequalities in pricing that a crossed market can produce.

Other Words for Market

Market Noun Synonyms: demand, customer base, call
Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Verb Synonyms: market-place, exchange, Stock Exchange
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Overlap The Market

Business / Finance / Overlap The Market: Used in the context of general equities. Create a crossed market by expressing a willingness to sell on the bid side of the market and buy on the offer side. MORE

Marketed Claims

Business / Finance / Marketed Claims: Claims that can be bought and sold in financial markets, such as those of stockholders and bondholders. MORE

Marketable Title

Business / Finance / Marketable Title: A clear, reasonably incontestable title to a piece of real estate that is good for transaction purposes. MORE

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