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 ?
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.
A key element will be the opening up of existing closed markets and the new strength and liquidity the single company will bring.
"Town sanitary and epidemiological station, fire emergency service closed markets down by their decrees.
The country with the biggest, most open market has the same vote as the country with the smallest, most closed markets. Is it a wonder that votes often go 145 or so to 1?