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Re: None

Monday, 04/24/2017 12:16:33 PM

Monday, April 24, 2017 12:16:33 PM

Post# of 21531
NTRP now subject to FINRA Rule 6190

  

(RCB) Effective April 2013National securities exchanges and FINRA implemented the "limit up/limit down" mechanism (FINRA Rule 6190) to combat market volatility. The regulation mandates that trades are not allowed outside the specified price band in listed equity securities. The price band will be set at a percentage level above and below the average price of the security over the immediately preceding five-minute period.
 
This will give the Market Makers more control (and help prevent big losses if they do not have enough stock in their inventory and the price has a big upside move). 
 
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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