FINRA Updates the OTCBB/OTC Equities High Price Dissemination List
Sept 9, 2011
FINRA® is publishing its quarterly OTCBB/OTC Equities High Price Dissemination List, which will be available via a Unit of Trade query of the Daily List. This updated list of OTC Equity Securities eligible for trade report dissemination for trades of fewer than 100 shares will be effective September 12, 2011. All changes can be viewed by going to
http://www.otcbb.com/AllDailyList/, selecting “Unit of Trade Changes” in the “Search by Date Range” and entering September 9, 2011 as the “From” date.
As discussed in the OTCBB April 15, 2008 News Item (http://www.otcbb.com/news/2008/GeneralNews/041508.stm),
for all OTC Equity Securities that trade at or above $175.00, transactions of fewer than 100 shares are no longer considered “odd-lot” transactions for dissemination purposes. Instead, FINRA has designated the unit of trade for these securities as one (1), and FINRA disseminates last sale information for all transactions of one or more shares in such securities. FINRA reviews trading activity quarterly to determine whether additional OTC equity securities meet the stated dissemination criteria.
For further information, please refer to the FINRA Trade Reporting Notice.
Contacts for questions: FINRA Operations 866.776.0800 or firstname.lastname@example.org.
The OTC Bulletin Board (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, ADRs, and Direct Participation Programs (DPPs).
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