Topical Terminology > Auction Market
Auction Market
For Auction Market we have terms and definitions in 2 topics. The topics are Accounting and Securities.
Auction Market (Accounting) 
is a trading system in which buyers enter competitive bids and sellers enter competitive offers simultaneously. Thisas opposed to the over-the-counter marketwhere trades are negotiated. Examples: the NYSE and the AMEX. It is sometimes called double auction market.
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Auction Market (Securities)
A market in which the price of a security is determined by supply and demand, through a continuous auction. Exchanges are auction markets.
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