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LEGAL TERMS DIRECTORY
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Aftermarket The trading market that develops for shares after the public offering is over. Orders to buy or sell shares are matched in the over-the-counter (OTC) market by a securities firm acting as a market maker. For NYSE or American Stock Exchange shares, a specialist on the stock exchange will match orders. The quality of the aftermarket is measured by its ability to absorb bid price or asked price orders without major disruptions in the price. That ability is a function of the market's liquidity - the number of shares owned by the public, rather than by company insiders (called the float), and the extent to which the public is active in trading the shares, rather than holding them for the long term. Welcome to our Legal Directory
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