In this case, the bid/ask spread is above or below the current price of the stock.
Investment dictionary. Academic. 2012.
away from the market — phrasal : with a price limit outside the prevailing range of the market on a stock exchange these orders are away from the market B.E.Shultz … Useful english dictionary
away from the market — In context of general equities, out of line with the inside market at this time, such as when a bid on a limit order is lower or the offer price is higher than the current market price for the security; held by the specialist for later execution… … Financial and business terms
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away — /ə weɪ/ adverb not here, somewhere else ● The managing director is away on business. ● My secretary is away sick. ● The company is moving away from its down market image. ♦ the bid is away from the market US the bid is lower than the quoted… … Dictionary of banking and finance
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