fast market

fast market
Excessively rapid trading in a specific security that causes a delay in the electronic updating of its last sale and market conditions, particularly in options. Bloomberg Financial Dictionary
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Term used to define unusually hectic market conditions. Chicago Mercantile Exchange Glossary
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A situation where markets are hectic and turbulent such that prices are rapidly changing. As a result, prices quoted on electronic trading systems may not be up to date. In the UK, SEAQ prices become indicative rather than firm during a fast market as a result. Dresdner Kleinwort Wasserstein financial glossary
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Rapid movement in a market caused by strong interest by buyers and/or sellers. In such circumstances price levels may be omitted and bid and offer quotations may occur too rapidly to be fully reported. Exchange Handbook Glossary

Financial and business terms. 2012.

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