HomeDefinitionsCompareDebt Double auction systemThe financial definition for Double auction system:A market consisting of many sellers and many buyers, as opposed to a conventional auction with one market maker and many buyers. Similar MatchesAuction Market Preferred Stock (AMPS)Auction Market Preferred Stock (AMPS)A type of Dutch Auction Preferred Stock (A Merrill Lynch product). Auction marketsAuction marketsMarkets in which the prevailing price is determined through the free interaction of prospective buyers and sellers, as on the floor of the stock exchange. Auction rate preferred stock (ARPS)Auction rate preferred stock (ARPS)Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction. Further SuggestionsDouble auction marketDutch auction Dutch Auction Preferred Stock Periodic call auction Click to compare definitions of Double auction system Click to view definitions beginning do |