Meaning SELL THE BOOK: Used for listed equity securities. Order to a broker by the holder of a large quantity of shares of a security to sell all that can be absorbed at the current bid price. The term derives from the specialist's book - the record of all the buy and sell orders members have placed in the stock one handles. In this scenario, the buyers potentially include those in the specialist's book, the specialist for its own account, and broker-dealers
More terms such as Sell the book in Dictionary S.
- Definition Short-Short Test:
- Examples restriction, that used to limit profits from short-term trading, which three months, to 30% of gross income. The penalty for exceeding this limit would be the loss of certain tax-free benefits sell the book definition.
- Definition Soft Spot:
- Examples Stocks or groups of stocks that remain weak in a strong market sell the book explain.
- Definition Sell Order:
- Examples An order that may take many different forms by an investor to a broker to sell a particular stock, bond, option, future, mutual fund, or other holding sell the book what is.
- Definition Savings Bond:
- Examples A government bond issued in face value denominations from $50 to $10,000, with local and state tax-free interest and semiannually adjusted interest rates sell the book meaning.
- Definition Specialist Block Purchase And Sale:
- Examples Purchase of a large number of securities by a specialist for himself or to pass on to another floor trader or block buyer sell the book abbreviation.