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.

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Archipelago Central Limit Order Book CLOB Specialist			The authors interpret their results as evidence that a less than fully transparent limit order book may enhance the welfare of market participants. Market Microstructure by NBER Reporter One example of a market of this kind is the New York Stock Exchange (NYSE), which has evolved from a dealer market into a hybrid market where the bulk of trading goes through the limit order book but where dealers (known as specialists) have to set prices if liquidity in the stocks for which they are responsible is too low. Is the market microstructure of stock markets important? by Naes, Randi; Skjeltorp, Johannes / Economic Bulletin The TSX moved to a completely computerized trading system in 1997 and now has an electronic limit order book for each stock. Limit order adjustment mechanisms and ex-dividend day stock price ... by Jakob, Keith; Ma, Tongshu / Financial Management			LIFO LIFO Liquidation Lift lift the automatic stay Lifted Lifting a Leg lifting clause lifting the stay light and air light industry Lighten Up Like-for-Like Sales like-kind exchange Like-Kind Property Likuta Lima Stock Exchange Limbo Limit Limit Cycles Limit Down Limit if Touched Limit Move Limit on Close Limit on Close Order Limit Order Limit Order Book Limit Order Display Rule Limit Order Information System Limit Price Limit Up Limit up, limit down Limit-On-Open Order Limitacion voluntaria de las exportaciones Limitation on Asset Dispositions Limitation on Conversion Limitation on Liens Limitation on Merger, Consolidation, or Sale Limitation On Sale-and-Leaseback Limitation on subsidiary borrowing Limitation volontaire des exportations limitations of actions Limite de deuda Limite de ejercicios Limite de fluctuacion Limite de fluctuacion diaria Limite di oscillazione limited appraisal Limited Audit limited capacity limited common elements Limited Company			Limit of High Priority Limit of Indemnity Limit of legal memory Limit of Liability Limit of Liability Limit of Liability Limit of Liability Limit of Liability Limit of Operating Envelope limit of proportionality Limit Of Quantification Limit of Quantitation Limit of Reporting limit of resolution limit of resolution Limit of Responsibility Limit of Sensitivity limit of stability limit of the atmosphere Limit of viability Limit Omaha 8-or-better limit on close Limit on close order Limit on Close Orders Limit On Open Order Limit On Open Orders limit on the left limit on the right Limit order Limit Order Book Limit Order Books limit order display rule Limit Order Display Rules Limit order information system Limit Order Reconciliation Limit Orders limit point limit point Limit point of a set Limit point of a set Limit points Limit points Limit price Limit Prices Limit Pricing limit priority limit ratio Limit Rules Limit Rules limit setting limit setting limit setting limit setting Limit state Limit state design Limit states design limit stop Limit Strains for Severe Accident Conditions Limit superior Limit superior and limit inferior

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