Trading & Market Structure

Auction Market

Definition

What is Auction Market?

A market where buyers and sellers submit competing orders and trades occur at matched prices.

Example in practice

The opening auction determines one price that clears the most orders.

Keep learning

The highest price a buyer is currently willing to pay for a security.

The lowest price a seller is currently willing to accept for a security.

The difference between the best available buying and selling prices.

An instruction to buy or sell immediately at the best available prices.

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