Central limit order book

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A central limit order book (CLOB) was a centralised database of limit orders proposed by the Securities Exchange Commission. However, the concept was opposed by securities companies who were afraid that such a system will cause them to lose business.[1] [2] [3]

[edit] References

  1. ^ Caroline Humer. "New Age Securities Firms to Testify Against Central Limit Order Book", TheStreet.com, 21 March 2000. Retrieved on March 20, 2007.
  2. ^ Robert Kowalski. "Firms and Exchanges to Swap Views on Markets' Future", TheStreet.com, 24 May 2000. Retrieved on March 20, 2007.
  3. ^ Gregg Wirth. "Grasso Speech on Electronic Orders Highlights Industry Strife", TheStreet.com, 5 November 1999. Retrieved on March 20, 2007.
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