ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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LIMIT ORDER DISPLAY RULE Definition
LIMIT ORDER DISPLAY RULE is an SEC Order Handling Rule requiring a Market Maker that receives a customer limit order priced at or better than its current quote and that does not immediately execute the order, to display the order to the entire marketplace. Alternatively, the Market Maker can choose to send the order to another Market Maker or ECN for display. There is no limit order display rule on the OTCBB.
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S&P 500 see STANDARD AND POORS.
COST EFFECTIVE is when a judgment is made that something is economical in terms of the goods or services received for the money spent.
