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📄 Business transfer 🛫 Tobruk Airport 🕰️ Time of birth 💹 Top market price
TOB

TOB

9.9
The best buy and sell prices available in a market
  • noun
  • Jargon
: primer nivel del libro de órdenes
  • The current TOB shows a bid of $100.

Examples

  • High-frequency traders monitor the TOB to react quickly to market changes.

  • The analyst checked the TOB before placing a large order on the exchange.

  • A sudden shift in the TOB can indicate increased market activity.

  • Investors are watching the TOB closely.

  • The trader observed the TOB to make informed decisions about entering the market.

  • Before executing his trade, he analyzed the TOB for the best prices.

  • Monitoring the TOB helps investors identify optimal buying and selling opportunities.

Surface Forms

TOB singular
TOBs plural

Morphology

TOB = T + O + B

As an initialism for 'top of book' (market term), TOB is not a standard morphological formation and the letters do not transparently convey the meaning to learners.

Etymology

TOB is made from the first letters T, O, B of 'top of book', and it points to the best prices at the 'top' of a market order list, so traders watch it to see the current best buy and sell prices.