InvestorsHub Logo
Followers 40
Posts 5588
Boards Moderated 3
Alias Born 11/23/2002

Re: oknpv post# 127020

Wednesday, 08/02/2006 2:15:42 AM

Wednesday, August 02, 2006 2:15:42 AM

Post# of 249131
One assumes that, equally, "up" paints will be disregarded also...

[edit] From the Naz:

"The NASDAQ® Official Closing Price (NOCP) is a process for identifying the NASDAQ market-specific closing price for NASDAQ-listed issues. The NOCP replaces the NASDAQ market-specific closing price that was based solely on the last reported NASDAQ trade. Subject to review by NASDAQ MarketWatch, the NOCP will equal the normalized price of the last trade reported to NASDAQ’s proprietary trade reporting system—Automated Confirmation Transaction ServiceSM (ACTSM—with a last sale eligible sale condition modifier as of 4:00:02 p.m., US Eastern Time. "Normalizing" the NOCP means it will be adjusted to the nearest prevailing inside quote whenever the last sale is reported away from the inside market. Market participants, data distributors and investors will be provided with the NOCP for all NASDAQ Global Select MarketSM, NASDAQ Global MarketSM and NASDAQ Capital MarketSM securities. "


"Absence of evidence is not evidence of absence. - Carl Sagan

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.