Dictionary


Market Maker Spread
The difference between the price at which a market maker is willing to buy a security and the price at which the firm is willing to sell it.
Market Model
A model of stock returns that decomposes influences on returns into a systematic factor and unsystematic factor.
Market on Close
An order to buy or sell at the end of the trading session at a price within the closing range of prices.
Market Order
An order to buy or sell securities or commodities at the best price with immediate effect.
Market Price
The price for a security.