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Auction Market

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Financial Dictionary

Auction Market

A market in which buyers enter competitive bids and sellers enter competitive offers at the same time.

Investopedia Commentary

Practically every securities exchange in the world is an example of this.

Related Links

How Does Someone Actually Transact Securities?

See also: Nasdaq, NYSE, TSE

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Financial Dictionary

auction market

A market in which buyers and sellers gather to transact business through announced bid and ask prices. The organized securities exchanges are examples of auction markets. Compare dealer market, open outcry.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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