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Haughtstock

05/06/11 10:28 AM

#17246 RE: zigzagman #17245

FINRA Will Introduce Limit Order Display to the OTC Marketplace in May 2011

This May, Limit Order Display, originally implemented for exchange-listed stocks in 1997, will be introduced to the OTC marketplace. FINRA’s new Limit Order Display rule requires OTC market makers to display the price and size of any customer limit order that improves the price or size of their own published quote. Customers can request that their orders not be displayed or the market maker can choose to route an order to another firm that will comply with the rule.

Limit Order Display is the most recent in a series of new rules in the OTC marketplace that have long been applied in the exchange world. Effective this spring, these new rules govern locked and crossed markets, allow access fees to be included in published quotes, and restrict sub-penny quoting.

OTC Markets Group is dedicated to our clients and is available for questions at info@otcmarkets.com.

To learn more about FINRA's Limit Order Display policies, visit FINRA's website here: www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p122114

beaunos

05/06/11 10:28 AM

#17247 RE: zigzagman #17245

Come may 9th all will be showing sizes , new rule

unspokenvoice

05/06/11 12:17 PM

#17258 RE: zigzagman #17245

You know your #'s are off?

BID
MM Price Shares
UBSS .0001 38,916,000
ETMM .0001 6,102,100

ASK
MM Price Shares
UBSS .0002 102,055,600
ETMM .0002 8,860,300