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Glossary   >   D   >   "Double auction market" Definition            Double auction market Used for listed equity securities. Systems by which securities are bought and sold through brokers on the securities exchanges, as distinguished from the O.T.C. market, where trades are negotiated. Unlike the conventional auction with one auctioneer and many buyers, here we have many sellers and many buyers. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Double auction market - Used for listed equity securities. Systems by which securities are bought and sold through brokers on the securities exchanges, as distinguished from the O.T.C. market, where trades are negotiated. Unlike the conventional auction with one auctioneer and many buyers, here we have many sellers and many buyers.