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buy the book

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Buy the book
An order typically from a large institutional investor to a broker to purchase all the shares available at the market from the specialist and other brokers and dealers at the current offer price. The book refers to the record a specialist kept before the advent of computers.
buy the book
An order to purchase all of a security offered at the current ask price. The purchase is made from the specialist, dealers, and other holders willing to sell at the specified price.
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