Off-board


Also found in: Idioms.

Off-board

Used for listed equity securities. Transacted away from a national securities exchange even though the stock itself is listed, such as on the NYSE, and instead of on the OTC market, a regional exchange, or in the third or fourth markets (between customers directly). After 9:30 a.m., if the stock has not opened due to the exchange's discretion, trading can occur elsewhere, but the trader must assume the role of a quasi-specialist in the process.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Off-Board

Trades on listed companies of the New York Stock Exchange that do not occur on the New York Stock Exchange. An off-board trade may occur on the NASDAQ, a regional exchange, an over-the-counter or anywhere else.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Off-board.

Transactions in New York Stock Exchange (NYSE) listed securities that aren't executed on a national exchange are known as off-board transactions.

Those trades may be handled through an electronic market, such as the Nasdaq Stock Market, through an electronic communications network (ECN), or internally at a brokerage firm. The term off-board derives from the fact that the NYSE is colloquially known as the Big Board.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
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Headquartered in Tokyo, NAVITIME JAPAN has been providing off-board navigation solutions on mobile phones and other connected devices since 2001.
The company said that its Clarity Matrix 3D is a thin and accurate 3D LCD video wall system that demonstrates the technology's advances, including: stereoscopic visualisation; passive glasses that reduce eye strain, weigh less and do not require batteries; as well as thin profile, enabled by EasyAxis mounting system and off-board electronics that reduce the install depth to 3.6"/93mm.
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The Euro 17.8 million HIRF-SE (high intensity radiated field synthetic environment) project is developing computer-based modelling able to spot and predict interference from natural or synthetic electromagnetic sources on or off-board. Its scientists especially want to help designers minimise the exposure of electrical systems to electromagnetism ahead of building a plane.
* Off-board extensions to provide up to 64 axes of control using a CANopen network.