NEGOTIATED MARKET
\nɪɡˈə͡ʊʃɪˌe͡ɪtɪd mˈɑːkɪt], \nɪɡˈəʊʃɪˌeɪtɪd mˈɑːkɪt], \n_ɪ_ɡ_ˈəʊ_ʃ_ɪ__ˌeɪ_t_ɪ_d m_ˈɑː_k_ɪ_t]\
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Buyers and sellers negotiate the price posted as bid and ask prices in this type of market. NASDAQ is an example. In contrast, the New York Stock Exchange and American Stock Exchange are market floors with an open outcry auction where traders bid against each other.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.