A market for a stock in which the bid price equals the ask price (in other words, the bid/ask spread is zero).
A market where prices have reached their daily trading limit and trading can only be conducted at that price or prices which are closer to the previous settlement price.
A market is locked if the bid price equals the ask price. This can occur, for example, if the market is brokered and one side pays brokerage only, in over-the-counter trading the initiator of the transaction. Highly competitive market environment with inside bid and offering at the same price. Often occurs when an OTC dealer has not updated the market.
a market where the bid price is equal to the ask price
A market is locked when the bid price equals the asked price.
A market where trading has been halted because prices have reached their daily trading limit.
A short-term situation occurring within a market where both the bid and ask are identical, resulting in no bid-ask spread.
A highly competitive market in which the bids and prices are the same.
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.
A situation that occurs in a highly competitive market in which a security's bid and ask prices are the same. Once more buyers and sellers submit their orders, the market will unlock. See: Asked Price