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Glossary

Market

Educational guideSeptember 2026

Glossary entry

A market is an arrangement through which buyers and sellers exchange goods, services, or financial claims. It can be a physical location, an electronic venue, or a network of dealers. In trading, the term may refer to a particular instrument's trading environment or to the broader balance of demand and supply.

Illustrative example

The market for a particular bond may consist of several dealers quoting prices, while shares may trade across multiple electronic venues and an exchange.

What to consider

Specify which market, instrument, and session a statement concerns. A price observed in one venue may differ from another's available execution.

General information, not a personal recommendation. Product availability, rights, and obligations are determined by the relevant provider, jurisdiction, and approved agreements.

Further reading

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