Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,788,191 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Third Market

   Also found in: Dictionary/thesaurus 0.01 sec.
Third market

Third Market
The trading of listed securities on the over-the-counter market. The third market avoids the commissions that must be paid to floor brokers. Most of the time, trades on the third market are large block trades involving institutional investors. Dealers must fill orders on the exchange before offering them over-the-counter.

third market
The over-the-counter dealer market in stock that is listed on organized exchanges such as the New York Stock Exchange. The third market developed in the 1960s when institutional investors became dissatisfied with the liquidity and brokerage commissions for large security trades on the exchanges. Compare fourth market, secondary market.

Third market. Exchange-listed securities, such as those that are traded on the New York Stock Exchange (NYSE) or the American Stock Exchange (AMEX), may also be bought and sold off the exchange, or over-the-counter (OTC), in what is known as the third market.

Typically, third-market transactions are large block trades involving securities firms and institutional investors, such as investment companies and pension funds.

With the growth of electronic communications networks (ECNs), more institutional investors are buying and selling in this way. Among the appeals of the third market are speed, reduced trading costs, and anonymity.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Presence of Macedonian companies in Slovenia, their cooperation with Slovenian partners, expanding cooperation based on shared economic interest, which is a starting point for any economic entity, as well as better presentation of Macedonia on the markets of the EU and from there on third markets, such as Russia, or the Middle and Far East, is the goal of the Slovenian-Macedonian Business Club, recently established in Ljubljana.
Russian and Venezuelan companies "have good perspectives not only in bilateral sense but also on third markets," Putin said.
In a meeting with economic board of Bratislava Chamber of Commerce, Referring to the two countries` commonalities in investment, Mehdi Fakheri, Tehran Chamber of Commerce`s director for international affairs told that given SlovakiaCOs five neighbors and IranCOs 15 neighbors, the two countries enjoy a potential access to some third markets.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.