MINIMUM QUOTE SIZE
\mˈɪnɪməm kwˈə͡ʊt sˈa͡ɪz], \mˈɪnɪməm kwˈəʊt sˈaɪz], \m_ˈɪ_n_ɪ_m_ə_m k_w_ˈəʊ_t s_ˈaɪ_z]\
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To be displayed and, therefore, traded on the London Stock Exchange's stock exchange automated quotation system (SEAQ), this specific type of minimum share count is what market-makers must show. NASDAQ. an American stock exchange, has a similar limitation. In the event that the price per share is more than $200, certain high level NASDAQ executives can override this limitation.
By Henry Campbell Black
Word of the day
Mustagh Range
- a mountain range in northern Kashmir; an extension of the Hindu Kush; contains 2nd highest peak