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 N.Y.S.E., and instead of on the O.T.C. 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 exchanges discretion, trading can occur elsewhere, but the trader must assume the role of a quasi-specialist in the process.
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 n.y.s.e., and instead of on the o.t.c. 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 exchanges discretion, trading can occur elsewhere, but the trader must assume the role of a quasi-specialist in the process.
Off-board