Open market

(redirected from digital coins)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Open market.

In an open market, any investor with the money to pay for securities is able to buy those securities.

US markets, for example, are open to all buyers. In contrast, a closed market may restrict investment to citizens of the country where the market is located.

Closed markets may also limit the sale of securities to overseas investors, or forbid the sale of securities in specific industries to those investors.

In some countries, for example, overseas investors may not own more than 49% of any company. In others, overseas investors may not invest in banks or other financial services companies.

The term open market is also used to describe an environment in which interest rates move up and down in response to supply and demand.

The Federal Reserve's Open Market Committee assesses the state of the US economy on a regular schedule. It then instructs the Federal Reserve Bank of New York to buy or sell Treasury securities on the open market to help control the money supply.

References in periodicals archive ?
Among them, a few seem to appear most frequently: as the majority of these digital coins use the same standards, the competition between standards is excluded; the costs of transitioning from the Bitcoin to an Alt-Coin may become significant.
Bloomberg reports that Cowen analyst Jaret Seiberg has said that Walmart's proposed digital coin should not face as much regulatory pushback as Facebook's proposed virtual currency.
WASHINGTON - US President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to "become a bank."
Bitcoin, the world's best-known cryptocurrency, fell more than 10 per cent on Monday and approached three-month lows on concerns about a global regulatory clampdown on the trading of the digital coins. On the Luxembourg-based Bitstamp exchange, Bitcoin traded as low as $7,289 by 1430 GMT, having now fallen by more than half from a peak of almost $20,000 hit in December.
The market value of cryptocurrencies is calculated by multiplying the number of digital coins in existence by their price, although many question whether that is the right way to value them.
Essentially, they are digital coins you can send and received via the internet into and out of your online bitcoin wallet.
Cryptocurrency start-up (https://komodoplatform.com/vulnerability-discovered-in-komodos-agama-wallet-this-is-what-you-need-to-do/) Komodo Platform  hacked itself to save the $13 million in Bitcoin and other digital coins that its users held from being stolen by hackers.
Bitcoin and similar forms of virtual cash are independent of governments and banks and use blockchain technology, where encrypted digital coins are created by supercomputers.
DOLLAR TRADING: Bittrex, a Seattle-based cryptocurrency exchange that lets users swap nearly 200 different digital coins, announced that it is working with Signature Bank (SBNY) and other financial firms to allow some corporate customers to trade in U.S.
Simply buying digital coins and holding onto them shouldn't trigger a tax bill.
"I thought I could easily make up for the loan with the digital coins' gain."
Bitcoin, the world's best-known cryptocurrency, fell 7 percent on Monday to a fresh 2-1/2-month low of $7,599 on back of growing worries about a regulatory clampdown and bans on the purchase of the digital coins, Reuters has reported.

Full browser ?