What is AWAY FROM THE MARKET?

A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it is specifically identified as an ALLORNONE ORDER (i.e., FILL OR KILL).

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Related Legal Terms

MARKET CAPITALIZATION (MARKET CAP), AWAY FROM THE MARKET ORDER, BUYERS’ MARKET, MONEY MARKET DEPOSIT ACCOUNT, MARK TO MARKET, CORNERING THE MARKET, BLACK MARKET, MARKET POWER, SELLER’S MARKET, LOWER OF COST OR MARKET VALUE


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