(See: thin market and specific market.)
The market with a small amount of the participants, described in low volumes and significant fluctuations of the prices.
Said of a securities market that is characterized by light trading, and larger price fluctuations relative to volume than would be the case if trading is active. A stock is said to be in a narrow market when its price drops more than a point between round lot trades without any obvious reason; this infers a lack in investor interest and too few orders. See: Thin Market; Tight Market; Volume
Refers to a securities or commodities market characterized by light trading and greater fluctuations in prices relative to volume than would be the case if trading were active. If the price of a stock falls more than a point between round lot trades without apparent explanation other than lack of interest resulting in too few orders, the market is said to be narrow.
An inactive market, which displays large fluctuations in prices due to a low volume of trading. Source