Meaning NATIONAL MARKET SYSTEM (NMS): Refers to over-the-counter trading. System of trading OTC stocks under the sponsorship of the NASD. Must meet certain criteria for size, profitability and trading activity. More comprehensive information is available for N.M.S. stocks than for non-N.M.S. stocks traded OTC (high, low, and last-sale prices, cumulative volume figures, and bid and ask quotations throughout the day). This is due to the fact that market makers must report the actual price and number of shares in each transaction within 90 seconds verses nonreal-time reporting for non-NMS stocks (thus, last sale prices and minute-to-minute volume updates are not possible)
More terms such as National Market System (NMS) in Dictionary N.
- Definition Net Cash Balance:
- Examples Beginning cash balance plus cash receipts minus cash disbursements national market system (nms) definition.
- Definition Nominal Quotation:
- Examples of general equities. Bid and offer prices given by a market maker for the purpose of valuation, not as an invitation to trade; must be specifically identified as such by prefixing the quotes FYI national market system (nms) explain.
- Definition Net Income:
- Examples The company's total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses national market system (nms) what is.
- Definition Natural:
- Examples Used in the context of general equities. Customer buyer or seller, versus a principal or profile interest. Legitimate, real national market system (nms) meaning.
- Definition Nonaccredited Investor:
- Examples sophisticated investors who do not meet SEC net worth requirements. These investors require less protection because of large financial resources, but only 35 nonaccredited investor can be included national market system (nms) abbreviation.
