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Ahead Of You - An ahead of you is a term used to note a specific status, or standing, of a security order to be executed at the same price to another trader, but that will be listed behind the other trader's order in the specialist's book. This book is a record book that chronologically records the inventory of securities, and the orders placed by other exchange members. This is so that each security in the inventory has an exchange member associated with it. This specialist's book is also referred to as the book?one to be kept accurately. |
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