Walrasian Market

Filed Under »
Dictionary Says

Definition of 'Walrasian Market'

An economic model of a market process in which orders are collected into batches of buys and sells and then analyzed to determine a clearing price that will decide the market price. Also referred to as "call market".
Investopedia Says

Investopedia explains 'Walrasian Market'

The NYSE uses a similar process before the opening bell in order to determine opening prices. A specialist will look at all the collected orders for a particular security and select the price that will clear the greatest number of trades. In fact, up until 1871 all trading on the NYSE was executed in this fashion.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Auction Market

    A market in ...
  2. Dealer Market

    A market where ...
  3. Economics

    A social science ...
  4. Itayose

    A clearing ...
  5. New York Stock Exchange - NYSE

    A stock exchange ...
  6. Opening Bell

    A bell that is ...
  7. Specialist

    A member of an ...
  8. Clearing

    The procedure by ...
  9. Price Stickiness

    The resistance ...
  10. Distribution Management

    Overseeing the ...

Articles Of Interest

  1. The Nitty-Gritty Of Executing A Trade

    Ever wonder what happens behind the scenes when you buy or sell a stock? Read on and find out!
  2. Understanding Order Execution

    Find out the various ways in which a broker can fill an order, which can affect costs.
  3. Getting To Know The Stock Exchanges

    Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
  4. The Austrian School Of Economics

    If you think economists are only concerned with numbers, check out this group, who are more like economic philosophers.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center