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Investing Glossary:
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Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| 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").
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