open market

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open market

Economics
a. a market in which prices are determined by supply and demand, there are no barriers to entry, and trading is not restricted to a specific area
b. (as modifier): open-market value

Open Market

(Open Market, Inc., Cambridge, MA) A software company founded in 1994 by Shikar Ghosh and David Gifford that specialized in Web e-commerce. Its Transact system enabled Web servers to conduct secure order fulfillment using credit cards and other payment systems. Open Market was the first company to provide a single point of access control, user authentication and financial processing to multiple content servers (online storefronts, cybermalls, internal websites, etc.). In 2001, the company was acquired by divine, inc., which two years later, sought bankruptcy protection. Its content management assets were sold to FatWire Software, Mineola, NY (www.fatwire.com) in 2003.
References in periodicals archive ?
The central bank injected a net CNY28bn into the money market last week through its open-market operations.
The central bank had injected a net CNY76bn into the money market last week through its open-market operations.
People's Bank of China, which carries out regular open-market operations on Tuesdays and Thursdays, has sold CNY42bn worth of three-month bills last week and CNY24bn worth of bills in Tuesday's operation.
The People's Bank of China (PBOC), which undertakes open-market operations on Tuesdays and Thursdays, has offered CNY1bn worth of one-year bills in its Tuesday operation.
People's Bank of China, which carries out regular open-market operations on Tuesdays and Thursdays, has sold CNY10bn worth of bills in Tuesday's operation, and CNY50bn worth of three-month bills last week.
People's Bank of China (PBOC), which carries out regular open-market operations on Tuesdays and Thursdays, has sold CNY62bn worth of bills and repurchase agreements in Tuesday's operation.
China's central bank, which carries out regular open-market operations Tuesdays and Thursdays, has drained a net CNY40bn from the money market last week through its open-market operations.
People's Bank of China (PBOC) carries out regular open-market operations on Tuesdays and Thursdays.
The central bank, which carries out regular open-market operations on Tuesdays and Thursdays, has injected a net CNY115bn into the money market last week through its open-market operations.
The central bank carries out regular open-market operations Tuesdays and Thursdays.
China's central bank has said that it would sell up to CNY90bn (USD13.17bn) worth of three-month bills in its regular open-market operation on Thursday.
China's central bank injected a net CNY33bn (USD4.84bn) into the money market this week through its open-market operations.