Quotation (U.S)
The NASD requirement that a market maker who receives order from another broker dealer executes the order at its displayed price on NASDAQ for the normal unit of trading or its displayed size, whichever is greater.
LEARN STOCK MARKET TERMS FROM A-Z - LETTER Q|EARN MONEY IN STOCK MARKETS
Quotation (U.S)
The NASD requirement that a market maker who receives order from another broker dealer executes the order at its displayed price on NASDAQ for the normal unit of trading or its displayed size, whichever is greater.
