Off-Board
Financial & Investment Dictionary:
Off-Board
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Definition of
off-board
Markets
of trading between dealers used to describe the trade of listed securities that does not take place on the stock exchange, or that takes place in the over-the-counter market ...
Off-board
Used for listed equity securities. Transacted away from a national securities exchange even though the stock itself is listed, such as on the NYSE, and instead of on the OTC market, a regional exchange, ...
Off-board
Transactions in New York Stock Exchange (NYSE) listed securities that aren't executed on a national exchange are known as off-board transactions.
Off-Board
Said of listed security transactions that are not executed on a national exchange, or of unlisted security transactions executed over-the-counter.
See: Over The Counter; ThirdMarket ...
OFF-BOARD " This term may refer to transactions over-the-counter in unlisted securities, or to a transaction of listed shares that is not executed on a national securities exchange.
off-board Any form of financing originating from sources other than debt and equity offerings... off-floor order An order placed by a client with a broker that does not occur on the floor of an exchange.
Off-board A listed stock transaction not completed on a national exchange or an OTC transaction of an unlisted transaction. Offer The lowest price that any person will sell a security.
Financing that is not shown as a liability on a company's balance sheet.
Off-board ...
A stock trade involving a stock that is listed on a major exchange but is still executed over the counter, typically between two institutions or an institution and a customer. This type of off-board trade can be done only with 19c3 securities, ...
A stock listed on a national securities exchange after April 26, 1979, that is exempt from the Securities and Exchange Commission rule that prohibits exchange members from participating in off-board trading.
No-action letter ...
19c3 Stock definition :
A stock listed on a national securities exchange after April 26, 1979, that is exempt from the Securities and Exchange Commission rule that prohibits exchange members from participating in off-board trading.
Rule 19c-3: Off-board trading by exchange members permits securities listed on an exchange after April 26, 1979, to be traded off the exchange by member firms, ...
 See also: Limit Order, Expense, Saving, Bid and Ask, Short Sale
  
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