outside the market

outside the market definition - finance
An order whose price didnÂ’t fall between the highest bid (the price a buyer is willing to pay) and the lowest ask (the price a seller is willing to sell) among all market makers competing in the security.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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