order-driven meaning

  "order-driven" in a sentence
[Business]
adjective

(Finance )

in an order-driven market, orders to buy shares or bonds, and orders to sell shares or bonds, are matched by a central computer QUOTE-DRIVEN


[Economics]
Denoting a market in which prices are determined by the publication of orders to buy or sell shares, with the objective of attracting a counterparty.

Compare:

quote-driven.

See:

SETS.

Related Words

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