Definition: [crh] A market is locked if the bid price equals the ask price. This can occur, for example, if the markeDefinition: t is brokered and one side pays brokerage only, in over-the-counter trading the initiator of the transaDefinition: ctions. Highly competitive market environment with inside bid and offering at the same price. Often occurs when an OTC dealer has not updDefinition: ated the market.
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