Locked market - A market is locked if the bid = ask price. This can occur, for example, if the market is brokered and brokerage is paid by one side only, the initiator of the transaction. Refers to over-the-counter trading. Highly competitive market environment with inside bid and offering at the same price. Often occurs when an O.T.C. dealer has not updated his market.
Locked market : a market is locked if the bid = ask price. this can occur, for example, if the market is brokered and brokerage is paid by one side only, the initiator of the transaction. refers to over-the-counter trading. highly competitive market environment with inside bid and offering at the same price. often occurs when an o.t.c. dealer has not updated his market.