Direct search market

Direct search market

Buyers and sellers seek each other directly and transact directly.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Direct Search Market

A situation in which buyers and sellers, especially of securities but also of other goods and services, seek each other out and conduct trades without brokers or other financial institutions mediating. This is the opposite of an intermediated market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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