Bid Market

Bid Market

A market in which the number of buyers exceeds the number of sellers. That is, demand to buy securities outstrips the supply for sale. This generally is temporary as the price tends to rise until sellers and buyers equalize. See also: Bull market.
References in periodicals archive ?
Moreover, the company remains confident about the bid market into next year which will enable it to fill its backlog.
Their strong activity in the bid market ensures that you are getting the best overall pricing and a high quality product.
A change in corporate philosophy marked a departure from the bid market to landing negotiated contracts, the only way it has done business since 1998.
With aggressive moves in the bid market, Epson and BenQ was the biggest winners in the fourth quarter.
Hart Union High School district will consider a recommendation Wednesday to accelerate the process to avoid a highly competitive bid market and the possibility of another rainy season.
Sessions 7, 8 and 9 are posted-bid markets standing alone and sessions 13, 14 and 15 are posted bid markets with a futures market preceding the posted-bid market.
topped $1 billion in 2009, a 45% increase from the 2008 bid market.
This year to date bid market already exceeds the size of any full year bid market since 2002 and the Company was awarded contracts representing 50% of this total.
This second quarter increase brought the year to date domestic bid market to $521 million, compared with the full year 2008 bid market of $783 million.
Mackie, President and Chief Executive Officer, said, "During 2008, the domestic bid market produced $783 million of contract awards, a 30% increase over 2007, due in large part to a near doubling in the value of contracts awarded for maintenance projects.
The domestic dredging bid market at $210 million was nearly double the market from a year ago with the increase being driven by maintenance work and the awarding of options on capital projects.
bid market, the Company has a solid domestic backlog entering 2008, complementing the continued momentum in the international market.