limit order display rule(redirected from Limit Order Display Rules)
Limit Order Display Rule
A rule stating that market makers must include limit orders with better prices than those the market makers are bidding or asking to be included in market maker quotes. The limit order display rule helps improve investors' access to the best available prices.
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limit order display rule
An SEC requirement that better-priced customer limit orders (higher bid or lower ask) be included in market maker quotes. This rule improves transparency by allowing market participants to view and access the best available price.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.