InvestorsHub Logo
Followers 187
Posts 674725
Boards Moderated 0
Alias Born 10/14/2012

Re: None

Saturday, 08/30/2014 12:06:24 AM

Saturday, August 30, 2014 12:06:24 AM

Post# of 2804248
FINRA requires member firms to find the market with the best price to execute their customer order. OTC Link and the FINRA's OTC Bulletin Board TM Quotation System are the two recognized inter-dealer quotation systems for facilitating electronic best execution by broker-dealers. The two quotation systems may only be used to satisfy best execution if there are two or more priced quotes in a security. If less than two priced quotes exist for a security, broker-dealers must contact three other dealers for priced quotations.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.