checking the market
Checking the Market
The act of reviewing the current
quotes for a
security in order to find the best
price. If one seeks to
sell, checking the market involves reviewing the
bids. On the other hand, if one seeks to
buy, it means reviewing the
asks. See also:
Bid-ask spread.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
checking the market
To scan market maker quotations to find the lowest ask or highest bid for a security.
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.
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