Locked Market
外汇网2021-06-19 13:46:02
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A short-term situation occurring within a market where both the bid and ask are identical, resulting in no bid-ask spad.
This usually occurs in stocks that are highly volatile and experience a significant trading volume. Locked markets are typically corrected immediately through subsequent trades. This abnormal market condition occurs mainly on the Nasdaq exchange for orders entered before the opening bell.
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