National Best Bid and Offer

GPTKB entity

Statements (27)
Predicate Object
gptkbp:instanceOf financial market term
gptkbp:abbreviation NBBO
gptkbp:aggregatesFrom quotes from all exchanges
gptkbp:appliesTo U.S. equity markets
gptkbp:component best bid price
best offer price
gptkbp:dataSource SIP (Securities Information Processor)
gptkbp:definedIn gptkb:U.S._Securities_and_Exchange_Commission
gptkbp:describes best available bid and offer prices
gptkbp:enforcedBy gptkb:SEC
gptkbp:excludes dark pool quotes
off-exchange quotes
https://www.w3.org/2000/01/rdf-schema#label National Best Bid and Offer
gptkbp:mandate SEC rules
gptkbp:purpose ensure best execution for investors
gptkbp:regulates gptkb:Regulation_NMS
gptkbp:relatedTo stock trading
options trading
market transparency
best execution
order routing
gptkbp:updated in real time
gptkbp:usedBy gptkb:merchant
brokers
market participants
gptkbp:bfsParent gptkb:national_market_system
gptkbp:bfsLayer 7