Trading securities on a stock exchange where buyers compete with other buyers and sellers compete with other sellers for the best stock price. Trading in individual stocks is managed and kept orderly by a specialist.
A system in which financial instruments are bought and sold through trading on an exchange floor by buyers and sellers competing via open-outcry with other buyers and sellers for the best price. Found on http://www.exchange-handbook.co.uk/index.cfm?section=glossary&first_letter=
Auction market trading, sometimes known as open outcry, is the way the major exchanges, such as theFound on http://www.superglossary.com/Glossary/Business/Taxes/
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)Found on http://www.finra.org/Glossary/index.htm
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