Price Transparency
The accessibility of information on the order flow for a particular stock, allowing knowledge of the quantities of stock being offered and the bids at the various price levels. Investopedia Says:
The Nasdaq II quote system provides information on all the bids and asks at various price levels for a particular stock. On the other hand, NYSE quotes display only the highest bid and lowest ask prices. Only the specialist has knowledge of the complete order flow for a stock. Related Terms:
Ask
Bid
Level II
Nasdaq
New York Stock Exchange - NYSE
Specialist
Transparency |