open market purchase
Definition
A type of process that is used when an investor purchases a stock or other security either at that security's market price or close to it in the same market as other potential investors.
Use this term in a sentence
“ You may want to try and make an open market purchase if you think that there are big gains to be made. ”
“ Because of the large variance between bid and ask prices on thinly traded stocks I make it a habit to trade using limits rather than open market purchases. ”
“ Before I became a successful hedge fund manager, I was only ever allowed to buy stocks as an open market purchase, but now I can get special deals available only to important customers of the bank. ”
