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Used in the context of general equities. Notice by a potential buyer of a security that he or she is looking for supply from a potential seller of the security, often requiring a capital commitment. Antithesis of bid wanted.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
An indication or announcement that an investor or broker-dealer wishes to buy a certain security at a certain price, especially when there are no current sellers. An OW is analogous to an offer, which is essentially the same thing from the seller's perspective. The price on an OW is called the bid.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
offer wanted (OW)
A notice by a broker-dealer who is interested in purchasing a security in which there are no current offers.
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.