PORTAL(redirected from portal canal)
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A trading platform operated by NASDAQ of closely-held companies and other companies for investment by extremely high net-worth individuals. This market is largely exempt from the requirements of the Sarbanes-Oxley Act. In 2007, the Portal Market required an individual to have a minimum net worth of $100 million to qualify to trade on it.
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A NASD trading system for unregistered foreign and domestic securities.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.