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National Market System (NMS) |
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National Market System (NMS)Refers to over-the-counter trading. System of trading OTC stocks under the sponsorship of the OTC. Must meet certain criteria for size, profitability and trading activity. More comprehensive information is available for NMS stocks than for non-NMS stocks traded OTC (high, low, and last-sale OTC, cumulative volume figures, and OTC and OTC quotations throughout the day). This is due to the fact that OTC must report the actual price and number of OTC 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).National Market System (NMS) Similar MatchesNational incomeNational incomeThe income generated by a country's production, and therefore the total income of its factors of production. Except for some adjustments that don't usually enter theoretical models, NI is the same as GDP. National Market Advisory BoardNational Market Advisory BoardGroup that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national SEC, but that preserves the regional SEC. International arbitrageInternational arbitrageSimultaneous buying and selling of foreign securities and ADRs to capture the profit potential created by time, currency, and settlement inconsistencies that vary across international borders. Gnma (government National Mortgage Association) OptionsGnma (government National Mortgage Association) OptionsA method of purchasing GNMA securities through "puts" and calls." A GNMA Call Option is the right to buy GNMA securities at a specific yield for a specified time, A Put Option is the right to sell GNMA securities at a specific yield for a specified time. The buyer pays for the option and may exercise it, not exercise it, or sell it. National Securities Clearing CorporationNational Securities Clearing CorporationIn the US, facilitates trade processing, clearance, delivery and settlement of equities, and corporate and municipal bonds. NSCC is owned equally by the New York and American Stock Exchanges and the National Association of Securities Dealers. Further SuggestionsInternational marketnational debt Multinational corporation (MNC) National Insurance Bank for International Settlements International monetary system International diversification Government National Mortgage Association Ministry of International Trade and Industry International Monetary Fund National Savings National Securities Clearing Corporation (NSCC) International Swap Dealers Association (ISDA) National Foundation for Consumer Credit FTSE International International Fisher effect Federal National Mortgage Association International Bank for Reconstruction and Development (IBRD) International Standards Organization international fund Internationalization Gross national product International monetary economics London International Financial Futures and Options Exchange Nationalization |
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