close market

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Close market

An market in which there is a narrow spread between bid and offer prices, due to a high volume of trading and many competing market makers.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Close Market

A market for a security with a very low bid-ask spread. That is, there is a very small difference between the highest price a buyer is willing to pay and the lowest price that a seller is willing to take. A close market occurs when trading is very active and there are a larger number of market makers working on the same security.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

close market

A narrow spread between the bid price and ask price of a security. A close market in a security is facilitated by active trading and multiple market makers.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
"Istanbul in Turkey has a closed market which sells all types of gold and silver.
The POEA, however, clarified that China remains a closed market for Filipino household service workers (HSW) due to its existing law preventing Chinese nationals from hiring foreign HSWs.
This means that Russia remains a closed market for Filipino HSWs for now.
The opening of Trinidad & Tobago's telecommunications market represents one of the last Caribbean markets to open its sector to competition, leaving the Bahamas as the only other closed market in the region:
During the same period, the economies of the closed market economies in Russia and Eastern Europe shrank by 14 percent.
And it was a little more than three and a half years ago that we at Browning-Ferris Industries (BFI) became the first outsiders to break into this closed market.
We examine the above question in a closed market (Finland) which supports essentially two wholesalers who are protected by high barriers to entry.
The cooperative relationships between government and business have supported an essentially closed market.
We are opening up closed markets and expanding our footprint.
Aerial firing and ransacking of public and private properties was reported in many areas as supporters of ASWJ burned tyres on roads and forcibly closed markets and business activities in various parts.
Schools were closed after the death of four persons, and frightened shopkeepers closed markets, when the funeral of these two passed on their way to burials.