Interdealer Quotation System

Interdealer Quotation System

An electronic exchange system giving member access to NASDAQ, NASDAQ small-cap market, and the OTCBB. This gives participating dealers and investors access to thousands of stocks with one of the widest possible ranges of market capitalization.
References in periodicals archive ?
A significant result of this SEC settlement is that broker-dealers registered with the SEC are prohibited by SEC rule from entering any buy or sell quotations on Haber stock on any interdealer quotation system (as defined by the SEC).
OTC Markets Group operates the world's largest electronic interdealer quotation system for broker-dealers to trade unlisted securities.
A debt is exchange listed if it is listed on: (1) a national securities exchange registered under Section 6 of the Securities Exchange Act of 1934; (2) an interdealer quotation system sponsored by a national securities association registered under Section 15a of the Securities Exchange Act of 1934; or (3) a foreign exchange that either is listed in Regs.
If interests in a partnership are not traded through an interdealer quotation system or other established securities market (as described), the partnership may qualify for one of the following safe harbors.
This rule also applies to an established securities market that consists of an interdealer quotation system that regularly disseminates firm buy or sell quotations.