The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MINIMUM QUOTE SIZE Definition & Legal Meaning

Definition & Citations:

To be displayed and, therefore, traded on the London Stock Exchange’s stock exchange automated quotation system (SEAQ), this specific type of minimum share count is what market-makers must show. NASDAQ. an American stock exchange, has a similar limitation. In the event that the price per share is more than $200, certain high level NASDAQ executives can override this limitation.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.