NASDAQ National Market Securities

NASDAQ National Market Securities

Large (by market capitalization) securities that trade on the NASDAQ National Market. NASDAQ National Market securities must register with the SEC and meet certain requirements in order to trade on the NASDAQ National Market. Specifically, publicly-traded companies wishing to list on the NASDAQ National Market must have a certain amount in net tangible assets or operating income, at least 500,000 shares and 400 stockholders, and a minimum bid price of $5 per share. NASDAQ stocks that do not meet these requirements trade on the NASDAQ Small Cap Market. Most of the time, when one refers to "NASDAQ," one is referring to the National Market.
References in periodicals archive ?
Based on overall trading volume, RBC Capital Markets is the 19th largest market participant in Nasdaq and the 15th largest participant in Nasdaq National Market securities.
Track ECN supplements its liquidity by participating in SuperSoes(SM), Nasdaq's primary order routing and automatic execution system for Nasdaq National Market securities.
When the plan, developed with the assistance of the advisor, is implemented, Broadband believes it will satisfy the listing requirements for Nasdaq National Market securities.
In addition to marginability, The Nasdaq National Market securities receive greater coverage in the nation's financial press and are eligible for investments by more institutional investors than SmallCap securities.
Track ECN will supplement its liquidity by participating in SuperSoes(SM), Nasdaq's primary order routing and automatic execution system for Nasdaq National Market securities.
In addition to marginability, Nasdaq National Market securities receive greater coverage in the financial press, and are eligible for investment by more institutional investors than are SmallCap securities.
On March 27, 2001, STAR requested that Nasdaq terminate the designation of its securities as Nasdaq National Market securities and requested that the staff delist its securities at the earliest practicable date, in accordance with Marketplace Rule 4480(b).
On March 27, 2001, the company requested that Nasdaq terminate the designation of its securities as Nasdaq National Market securities and requested that the staff delist its securities at the earliest practicable date, in accordance with Marketplace Rule 4480(b).
On February 17, Angiotech began trading on the Nasdaq National Market securities exchange (ticker symbol: "ANPI").
22, 1998--Matthews Studio Equipment Group (Nasdaq:MATT) Thursday announced that it has been advised by Nasdaq that, as a result of the decline of minimum bid price for the company's common stock to below $5 per share beginning in July 1998, the company no longer meets the continued-listing requirements for Nasdaq National Market Securities under Alternative 2.