Make A Market

Finance a la shmoop... what is an auction market.. next up on the block [Man speaking on stage]

we've got stock in the company comb Depot....

okay yeah so the New York

Stock Exchange is an auction market and you have no idea how much caffeine I had [Man holding a monster energy drink]

to have to get that right which means that the prices on the new york stock

exchange happen during a bidding process we're matching offers get you know [People frantically rushing to bid for stocks]

matched... buyers and sellers buy and sell at the

same time so in essence two transactions are happening at once the opposite of

this sort of market is the over the counter or OTC market where dealers are

the ones holding all the cards and they ultimately determine the price by [Dealer with the cards]

creating a spread from where they're willing to sell your shares and what

price they'll pay to buy your shares but in an OTC market well you don't get to [Dogs running side by side]

feel like you're watching the last leg of a greyhound race so you don't get all

my caffeinated auction talk there which is kind of cool we like that, right..right?