Negotiated Market A type of secondary market exchange in which the prices of each security are bargained out between buyers and sellers. Investopedia Says: Negotiated markets exist and function via the basic principle of supply and demand. Buyers produce demand for a given security or asset by entering bid orders to buy the security at a specified amount and price, while sellers create the supply for the security by entering ask orders, again for set amounts and prices. Related Terms: Broker-Dealer Clearing Price Market Value New York Stock Exchange - NYSE Over-The-Counter Bulletin Board - OTCBB Specialist |