Centralized Market


Centralized Market
A financial market structure that consists of having all orders routed to one central exchange with no other competing market. The quoted prices of the various securities listed on the exchange represent the only price that is available to investors seeking to buy or sell the specific asset.

The New York Stock Exchange is considered a centralized market because orders are routed to the exchange and are then matched with an offsetting order. On the other hand, the foreign exchange market is not deemed to be centralized because there is no one location where currencies are traded and it is possible for traders to find competing rates from various dealers from around the world.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Market socialism — For the libertarian socialist proposals sometimes described as market socialism , see mutualism (economic theory). For the economic system in People s Republic of China, see socialist market economy …   Wikipedia

  • Market data — Example of a stock chart, the stock shown is SourceForge, Inc. In finance, market data is quote and trade related data associated with equity, fixed income, financial derivatives, currency, and other investment instruments. Market data is… …   Wikipedia

  • Market-Leninism — n. An economic system that combines aspects of both capitalism and communism. Example Citations: Consider a country like China, which has made a transition from Marxism Leninism to what an observer brilliantly called Market Leninism. Asad Latif,… …   New words

  • Socialist market economy — This article is about the current economic system in the People s Republic of China. For the former socialist political ideology of the Kuomintang in the Republic of China, see Chinese socialism. For the Western European system, see Social market …   Wikipedia

  • Electronic Municipal Market Access — The Electronic Municipal Market Access (EMMA) system, launched by the Municipal Securities Rulemaking Board (MSRB) in March 2008 as a pilot system, provides free on line access to centralized municipal securities disclosure documents (known as… …   Wikipedia

  • money market — the short term trade in money, as in the sale and purchase of bonds and certificates. [1925 30] * * * Set of institutions, conventions, and practices whose aim is to facilitate the lending and borrowing of money on a short term basis. The money… …   Universalium

  • Open Market For Internet Content Accessibility — OMFICA LTD Type Company Limited by Guarantee Industry Internet, Search Technologies Founded London, UK (February 4, 2008) …   Wikipedia

  • High Point Market — High Point Market, held in High Point, North Carolina, is the largest furnishings industry trade show in the world measuring 11.5 million square feet (1 km²), and is managed by the High Point Market Authority. The space is available in about 190… …   Wikipedia

  • Direct market — Display window of comic book store in Harvard Square The direct market is the dominant distribution and retail network for North American comic books. It consists of one dominant distributor and the majority of comics specialty stores, as well as …   Wikipedia

  • Decentralized Market — A market structure that consists of a network of various technical devices that enable investors to create a marketplace without a centralized location. In a decentralized market, technology provides investors with access to various bids/ask… …   Investment dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.