DEFINITION of 'Display Book'

A detailed tracking tool used on market exchanges that displays, records and executes market order data based on order type, price, time and quantity for a specific security. Specialists on an exchange will have their own display books for each security they trade.

BREAKING DOWN 'Display Book'

The most famous display book is the NYSE Display Book, which is used by the specialists on the exchange to execute orders and manage order flow. It is useful for keeping track of the market activity in a specific security. In addition, data is posted continuously to the consolidated tape. In the past, the display book was simply a notebook kept by each specialist; however, due the advent of computer technology, the display book is now kept in electronic format.

RELATED TERMS
  1. Public Book (Of Orders)

    A book containing all of the buy and sell orders for a specific ...
  2. Order Driven Market

    An order driven market is where buyers and sellers display their ...
  3. Write Out

    A dual trade transaction enacted by a specialist in an individual ...
  4. Specialist Unit

    A group of firms or individuals that act as a market maker for ...
  5. Specialist Firm

    The firms that hire the specialists to represent companies listed ...
  6. Stopped Order

    A market order on the NYSE that is stopped from being executed ...
Related Articles
  1. Investing

    Time to Sell Universal Display After 121% 12-Month Gain?

    Universal Display shares have soared amid adoption of its next-generation emitters. Analyze the validity of its new valuation.
  2. Investing

    Universal Display Soars on Q1 Earnings, Outlook

    Organic light emitting diode (OLED) manufacturer Universal Display (NASDAQ: OLED) certainly started 2017 in grand style: Thanks in part to a record quarter of emitter sales, it reported an 87% ...
  3. Investing

    Book Value: How Reliable Is It For Investors?

    In theory, a low P/B ratio means you have a cushion against poor performance. In practice, it is much less certain.
  4. Investing

    Market Value Versus Book Value

    Understanding book value and market value is helpful in determining a stock's valuation and how the market views a company's growth prospects in the future.
  5. Personal Finance

    Handling Bad Advice From a Trusted Advisor

    You hire professionals to give you sound advice, but unfortunately that doesn't always happen.
  6. Insights

    LG Attacks Samsung's Dominance With $7 Bn OLED Investment

    LG Display is investing $7 billion to produce smaller OLED panels, pushing into a market dominated by Samsung's Samsung Display unit.
  7. Trading

    Top 7 Books to Learn Technical Analysis

    Here are five of the best books written on technical analysis to help traders and investors understand and apply technical analysis.
  8. Personal Finance

    Just the Right Book Review: Is It Worth It?

    Take an in-depth look at Just the Right Book, a subscription service that delivers personalized book selections based on your reading history and preferences.
  9. Investing

    Investing Books It Pays To Read

    We provide some classic and lesser-known titles to add to your collection.
RELATED FAQS
  1. What is the difference between a quote driven market and an order driven one?

    The difference between these two market systems lies in what is displayed in the market in terms of orders and bid and ask ... Read Answer >>
  2. What's the difference between a Nasdaq market maker and a NYSE specialist?

    What's the main difference between a specialist and a market maker? Not much. Both the New York Stock Exchange (NYSE) specialist ... Read Answer >>
  3. What is the difference between book value and carrying value

    Dig deeper into the definitions of carrying value and book value, and learn to differentiate between their various financial ... Read Answer >>
Hot Definitions
  1. Ethereum

    Ethereum is a decentralized software platform that enables SmartContracts and Distributed Applications (ĐApps) to be built ...
  2. Cryptocurrency

    A digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of ...
  3. Financial Industry Regulatory Authority - FINRA

    A regulatory body created after the merger of the National Association of Securities Dealers and the New York Stock Exchange's ...
  4. Initial Public Offering - IPO

    The first sale of stock by a private company to the public. IPOs are often issued by companies seeking the capital to expand ...
  5. Cost of Goods Sold - COGS

    Cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold in a company.
  6. Profit and Loss Statement (P&L)

    A financial statement that summarizes the revenues, costs and expenses incurred during a specified period of time, usually ...
Trading Center