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away from the market

 - 2 dictionary results
Financial Dictionary

Away from the Market

When the bid on an order is lower (or the ask price is higher) than the current market price for the security.

Investopedia Commentary

The bid/ask spread is above or below the current price of the stock.

See also: Ask, Bid, Bid-Ask Spread, Spread

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Financial Dictionary

away from the market

Used to refer to a security order at a price not immediately available. A limit order to buy 100 shares of Intel at $37 is away from the market if Intel stock is currently trading at $41 per share.

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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