English - Turkish
Definition of open-outcry in English Turkish dictionary
- açık haykırış
English - English
Definition of open-outcry in English English dictionary
- A public auction method of trading conducted by calling out bids and offers across a trading ring or pit and having them accepted
- The method of trading used at futures exchanges, typically involving calling out the specific details of a buy or sell order, so that the information is available to all traders
- A trading method whereby traders gather in person, often in a pit, and call out to all their desire to buy or sell a quantity at a given price, transactions being consummated when two parties can agree on a price. Most frequently used in securities markets