Unlisted Trading Privileges


Also found in: Acronyms.

Unlisted Trading Privileges

Special permission an exchange gives to its member firms to trade an unlisted security. In order to be able to give unlisted trading privileges, the exchange itself must receive permission from the SEC.
References in periodicals archive ?
Under the Unlisted Trading Privileges Act of 1994, regional stock exchanges were encouraged to extend unlisted trading privileges to stocks listed on other trading venues.
The Amex will continue to trade the QQQ on an unlisted trading privileges basis.
Inclusion of S&P 500 Nasdaq components and other active Nasdaq issues in eVWAP coincides with the PHLX's reinstatement of its over-the-counter unlisted trading privileges program, which should occur early this summer," Mr.
NASDAQ's closing prices were unaffected by the trading activity experienced in other unlisted trading privileges (UTP) exchanges that trade NASDAQ-listed securities, and it was the NASDAQ official prices (NOCPs) determined by the NASDAQ Closing Cross that were used by Russell Indexes and mutual funds across the country.
16 /PRNewswire/ -- The Unlisted Trading Privileges Committee ("UTP Committee"), comprised of seven exchanges and markets trading NASDAQ-listed stocks, today announced unanimous agreement regarding new coordination and communication procedures for trading halts specifically in the event of extraordinary market activity that impacts more than one market.
All NYFIX trading applications and the NYFIX Network are enabled to seamlessly route OTC stocks to the Amex and are ready to support the pilot launch of certain Nasdaq Unlisted Trading Privileges (UTP) issues.
The Amex began trading Nasdaq securities on August 12, following approval from the Securities and Exchange Commission to trade Nasdaq securities under unlisted trading privileges.