HomeDefinitionsCompareDebt National Market System (NMS)The financial definition for National Market System (NMS):Refers to over-the-counter trading. System of trading OTC stocks under the sponsorship of the OTC. Must meet certain criteria for size, profitability and trading activity. More comprehensive information is available for NMS stocks than for non-NMS stocks traded OTC (high, low, and last-sale OTC, cumulative volume figures, and OTC and OTC quotations throughout the day). This is due to the fact that OTC must report the actual price and number of OTC in each transaction within 90 seconds verses nonreal-time reporting for non-NMS stocks (thus, last sale prices and minute-to-minute volume updates are not possible). Similar MatchesBank for International Settlements (BIS)Bank for International Settlements (BIS)An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the US Federal Reserve System. Founded in 1930 to handle the German payment of World War I reparations, it now monitors and collects data on international banking activity and promulgates rules concerning international bank regulation. Capital International IndexesCapital International IndexesMarket indexes maintained by Morgan Stanley that track major stock markets worldwide. Domestic International Sales Corporation (DISC)Domestic International Sales Corporation (DISC)A US corporation that receives a tax incentive for export activities. Further SuggestionsFederal National Mortgage Association (FannieMae)Government National Mortgage Association (Ginnie Mae) International arbitrage International Asset Pricing Model (IAPM) International Bank for Reconstruction and Development (IBRD) International Bank for Reconstruction and Development (IBRD) International Banking Facility (IBF) Click to compare definitions of National Market System (NMS) Click to view definitions beginning na |