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Limit Order Book |
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Limit order book A record of unexecuted limit orders maintained by the specialist. These orders are treated equally with other orders in terms of priority of execution. Limit Order Book A list of all limit orders for a certain security that were placed by members of the public. The limit order book contains orders that have not yet been filled. The orders, however, are not public; only the book keeper has access to the details of most orders. Market makers and specialists have access only to the highest and lowest orders in order to facilitate trade. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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