Third Market

Business / Taxes / Third Market: Exchange-listed securities, such as those that are traded on the New York Stock Exchange (NYSE) or the American Stock Exchange (AMEX), may also be bought and sold off the exchange, or over-the-counter (OTC), in what is known as the third market. Typically, third-market transactions are large block trades involving securities firms that may or may not be members of the exchange and institutional investors, such as investment companies and pension funds. With the advent of electronic communications networks (ECNs) more institutional investors are buying and selling in this way. Among the appeals of the third market are speed, reduced trading costs, and anonymity.

Other Words for Market

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

Matador Market

Business / Finance / Matador Market: The foreign market in Spain. MORE

Marketplace Price Efficiency

Business / Finance / Marketplace Price Efficiency: The degree to which the prices of assets reflect the available marketplace information. Marketplace price efficiency is sometimes estimated as the difficulty faced by active management of earning a gr MORE

Marketing Year

Business / Agriculture / Marketing Year: The 12-month period, generally from the beginning of a new harvest, over which a crop is marketed. For example, for wool, mohair, and Hawaiian sugarcane, the marketing year is January 1-December 31: f MORE

Links
Home
Glossary
Thesaurus