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Subject Market

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Subject market
Quote in which prices are subject to confirmation. See: Fast market.
Subject Market
An exchange or financial market in which quotes given are tentative and subject to confirmation. An example of a subject market is a fast market, in which there is so much volatility and trades occur so rapidly that market orders may be executed at a different price from the price at the time the order was placed. Subject markets can be risky.
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Good appraisal-management technology can be configured to assign appraisals only to appraisers with direct experience in the subject market.
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At first glance, one might ask how comparables as far away as 175 miles could reflect the local subject market adequately.
Value versus size in the real estate market by Wolff, Michael / Appraisal Journal
Its growth will continue to outpace that of its subject markets for some time to come.
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