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Away From The Market

It is an expression that is used in two different scenarios when a buy or sell price is significantly different from the current market price.

 A situation in which the bid on a limit order is lower than the present market price or the offer price is more than the present market price for a financial instrument.

Suppose that a stock is priced by the market at 500 USD.  If the buy limit specified by an investor is 300, this is considered away from the market. 

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