Meaning OFF-BOARD: Used for listed equity securities. Transacted away from a national securities exchange even though the stock itself is listed, such as on the NYSE, and instead of on the OTC market, a regional exchange, or in the third or fourth markets (between customers directly). After 9:30 a.m., if the stock has not opened due to the exchange's discretion, trading can occur elsewhere, but the trader must assume the role of a quasi-specialist in the process
More terms such as Off-board in Dictionary O.
- Definition Out:
- Examples Used in the context of general equities. (1) No longer obligated to an order, as it has already been cancelled: (2) advertised on Autex off-board definition.
- Definition Overall Market Price Coverage:
- Examples intangibles divided by the total of the market value of the security issue and the book value of liabilities and issues having a prior claim. This is used to determine how much of the market value of off-board explain.
- Definition Out With:
- Examples Used in the context of general equities. Showing of an inquiry to another broker by a customer ( he's out with off-board what is.
- Definition Oversubscription Privilege:
- Examples In a rights issue, arrangement by which shareholders are given the right to apply for any shares that are not taken up off-board meaning.
- Definition Or Better:
- Examples of general equities. Indication on the order ticket of a limit order to buy or sell securities at a price better than the specified limit price if a better price can be obtained. Does not imply a off-board abbreviation.
