What is the meaning of Sell the book?

Sell the book is 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.

5
 
|15 years ago|568 views|share |citing 
APABarry Goldsmith. (2010). sell the book. Retrieved September 21, 2026, from http://smartdefine.org/sell_the_book/definitions/1163221
ChicagoBarry Goldsmith. 2010. "sell the book" http://smartdefine.org/sell_the_book/definitions/1163221 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, sell the book, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/sell_the_book/definitions/1163221>.
MLABarry Goldsmith. "sell the book" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/sell_the_book/definitions/1163221>