Business, Legal & Accounting Glossary
NASD requirements imposed on Nasdaq market makers, including: maintaining two-sided markets on a continuous basis, quoting firm bid and ask prices, participating in the Small Order Execution System, and reporting price and volume data for each Nasdaq security transaction within 90 seconds of execution.
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Definitions for Affirmative Obligations are sourced/syndicated and enhanced from:
This glossary post was last updated: 29th October, 2021 | 0 Views.