two-way market
Definition
The Nasdaq requirement that market makers quote both a bid price and an ask price in every security in which they make a market, and that they execute orders at those prices. also called two-sided market.
Use two-way market in a sentence
“ You should always make sure that you are looking at all your options when you are in a two-way market. ”
“ The two-way market was a great market that included slightly more information that may be necessary for quality control purposes. ”
“ My brother runs a market making firm in New York and is required to participate in the two-way market under the rules of his contract. ”
