Limit order book


Also found in: Acronyms.

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.
References in periodicals archive ?
Stepping-ahead occurs when specialists trade at prices incrementally better than the best prices in the limit order book.
Using data on the limit order books and specialists' quotes, Goldstein and Kavajecz examine liquidity provision by limit order traders and floor members during these extreme market movements.
Truly comprehensive Global Limit Order Book for the Enterprise - GLOBE(TM) - Customized and automated system for filling eFX orders - AutoFill(TM) - Graphic User Interface (GUI) with true self-branding capabilities - CAMS(TM)
Launched in Asia in 2001, first in Japan under Instinet's Japanese PTS (Proprietary Trading System) License, CBX ASIA is a real-time, low-latency central limit order book with traditional price/time priority and rich order functionality.
8, 2014 /PRNewswire/ -- Javelin SEF, LLC ("Javelin") announced today that it has launched an anonymous Central Limit Order Book ("CLOB") for Market Agreed Coupon ("MAC") swaps clearable on both LCH.
Laurent Paulhac, CEO of the ICAP SEF, said: In addition to the record i-Swap volumes, the ICAP SEF also saw additional growth in market share as we continue to drive more seamless integration between i-Swap s Central Limit Order Book (CLOB) and our voice-based vRFQ 2.
Recognized for its expertise in eFX, TraderTools is the only technology company to deliver a single platform combining a: - Truly comprehensive Global Limit Order Book for the Enterprise - GLOBE(TM) - Customized and automated system for filling eFX orders - AutoFill(TM) - Graphic User Interface (GUI) with true self-branding capabilities - CAMS(TM) For more details please visit www.
More than 900 of the most liquid stocks across 18 indices in 13 European markets are available for trading via Chi-X Europe's anonymous Central Limit Order Book, in addition to ETF trading.
Since launching derivatives trading in 2005, nearly $15 trillion in notional volume and over 210,000 trades have been executed on the Tradeweb Markets RFQ and central limit order book (CLOB) derivatives platforms.
Today only TraderTools offers a global limit order book for enterprise eFX.
96% of Friday's trades were matched in the Exchange's anonymous, central limit order book, including 12,408 contracts that traded as calendar spreads.
Truly comprehensive Global Limit Order Book for the Enterprise -- GLOBE(TM) -- Customized and automated system for filling eFX orders -- AutoFill(TM) -- Graphic User Interface (GUI) with true self-branding capabilities -- CAMS(TM)