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Alias Born 10/16/2012

Re: None

Sunday, 01/25/2015 7:15:21 AM

Sunday, January 25, 2015 7:15:21 AM

Post# of 821321
Broker-dealers usually will first determine if they can or choose to execute the trade internally. Internal executions occur if they can ‘match’ (same prices for a buy and sell order) Limit Orders or if they choose to trade for their own account. If they are trading for their own account, they must give investors their limit order price or the NBBO (National Best Bid or Offer) as defined by an Inter-dealer Quotation Systems (OTC Link/FINRA BB) at that point in time.

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