CLOB


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Central Limit Order Book

A proposed database for all limit orders received by specialists and market makers throughout the United States. Such a system would allow limit orders to be fulfilled immediately or later, depending on the nature of the order, on any American exchange. The SEC proposed the establishment of CLOB, but it never occurred because most exchanges believe that such as a database would cause them to lose trading volume.

CLOB

References in periodicals archive ?
A CLOB ensures that all orders compete head-to-head, and that there is no competition between exchanges.
EXCEPT ALL OTHERS That said, I have serious reservations about a public utility CLOB. A mandated CLOB would require detailed regulation and oversight of the pricing of CLOB services and access policies.
The Trad-X CLOB receives continuous two-way streaming from a wide range of market participants including 15 of the largest global market participants in the world.
We believe the establishment of a transparent CLOB gives our customers greater choice and helps provide a fair and competitive environment.
When from 'ouse to 'ouse you're 'unting you must always work in pairs--It 'alves the gain, but safer you will find--For a single man gets bottled on them twisty-wisty stairs An' a woman comes and clobs 'im from be'ind.
Other enhancements for DB2 include improved performance and easier installation and setup, support for distributed transactions, full support for BLOBs and CLOBS, and a new DB2 Package Manager that 01lows users to create DB2 packages before using the driver.