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 Investment:
- Examples Gross, or total, investment minus depreciation national market system (nms) definition.
- Definition Nonmember Firm:
- Examples equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, or on regional exchanges where they are members, or in national market system (nms) explain.
- Definition Noninsured Plans:
- Examples Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans national market system (nms) what is.
- Definition Nasdaq Stock Market:
- Examples electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq national market system (nms) meaning.
- Definition Net Benefit To Leverage Factor:
- Examples A linear approximation of a number, that enables one to operationalize the total impact of leverage on firm value in the capital market imperfections view of capital structure national market system (nms) abbreviation.
