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Whipsaw Glossary

Currently viewing the definition of: Normal Market Size
 
 
 The normal market size indicates the level at which shares can be bought or sold at the bid / offer prices quoted. For orders higher than the normal market size, the market maker need not trade at these prices. 
 


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    • OEIC
      OEIC stands for Open Ended Investment Company. They are similar to a unit trust in that they issue more shares as the fund grows and they invest the money in other companies. However only one price is quoted rather than a bid / offer spread. The big difference is they issue shares, which is more akin to an investment trust.