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Picture Describes bid and asked prices a broker quotes for a given security. Used for listed equity securities. Bid and ask prices and quantity information from a specialist or from a dealer regarding a particular security (i.e., "IBM's 1/4 to 1/2, 5m by 10m"). Picture In equities, the price at which a dealer or broker is willing to buy or sell a security. See also: Bid-ask spread.
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