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Double auction system |
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Double auction systemA market consisting of many sellers and many buyers, as opposed to a conventional auction with one market maker and many buyers.Double auction system Similar MatchesWalrasian auctioneerWalrasian auctioneerA hypothetical entity that facilitates market adjustment in disequilibrium by announcing prices and collecting information about supply and demand at those prices without any disequilibrium transactions actually taking place. Dutch Auction Preferred StockDutch Auction Preferred StockA form of adjustable-rate preferred stock in which the dividend is ascertained in a Dutch Auction process by corporate bidders every seven weeks. Auction rate preferred stock (ARPS)Auction rate preferred stock (ARPS)Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction. Double auction marketDouble auction marketSystems by which listed securities are bought and sold through brokers on the securities exchanges, as distinguished from the OTC market, where trades are negotiated. Unlike the conventional auction with one auctioneer and many buyers, double auction markets consist of many sellers and many buyers. Yankee auctionYankee auctionAn auction of multiple identical items in which the winning bidders pay the prices that they have bid. For a contrasting system, see 'Dutch auction'. Further SuggestionsDutch auctionPeriodic call auction Dutch auction Auction Market Preferred Stock (AMPS) Auction markets |
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