close market

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.

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.

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.
References in periodicals archive ?
Without these partnerships, the ADB's Trade Finance Program would not be able to close market gaps for the financing that underpins trade in developing Asia."
Also during the special meeting, the board agreed with a recommendation from the city council to close Market Street between College and Elizabeth Street during Old Settlers' Days.
We hope to complete the work without causing any disruption to traffic however during March it might be necessary to close Market Street."
Unlike Thursday, the government neither sent any official nor police contingent to The Mall on Friday to persuade activists of the Mall Road Traders Association to close market at 8pm.
LAHORE, June 5 -- Shops at The Mall, Biden Road, Anarkali and adjacent areas remained opened until 9pm on Friday, defying government orders to close markets at 8pm on the fourth consecutive day amidst a clash between a Pakistan Muslim League-Nawaz-backed traders' group and a traders' group from The Mall.
The Activists of JSQM took out protest rallies early morning and cracker blasts were witnessed at old bus stand and other places, the workers forced to close markets and petrol pumps earl.
DI KHAN, July 05, 2009 (Frontier Star) -- Agitated youth of Peoples Students Federation (PSF) after condolence prayer of their Divisional President resorted to aerial firing in different areas of the city and coerced the merchants to close markets. According to details, Divisional President of PSF Farhan Baloch, who was killed by firing of unidentified persons near Imamia gate in the jurisdiction of City Police Station yesterday and after observing his condolence prayer the agitated youth of PSF resorted to aerial firing in Mohalla Mujahid Nagar, Commissionairy Bazar and Baghari Bazar, resultantly all the shop owners closed their shops in these areas.
According to details the Interior Ministry has issued the directives to Home Secretaries of the four provinces to ensure implementation on the directives to close markets at 8 PM and if anyone is not obeying the orders then the concerned police stations should arrest him.
DI KHAN, July 05, 2009 (Balochistan Times) -- Agitated youth of Peoples Students Federation (PSF) after condolence prayer of their Divisional President resorted to aerial firing in different areas of the city and coerced the merchants to close markets. According to details, Divisional President of PSF Farhan Baloch, who was killed by firing of unidentified persons near Imamia gate in the jurisdiction of City Police Station yesterday and after observing his condolence prayer the agitated youth of PSF resorted to aerial firing in Mohallah Mujahid Nagar, Commissionairy Bazar and Baghari Bazar, resultantly all the shop owners closed their shops in these areas.
Some countries close markets in such a situation, but when markets are closed for importers of similar and cheaper products, interests of consumers are not protected then, he concluded.
Loan guarantees, government ownership, rebates of border-adjustable taxes (for exports only), direct funding or subsidy, discounted government-provided services (energy, transportation) and high structural inbound tariffs/duties to effectively close markets are but a few forms.