NMS
From ACT Wiki
Normal Market Size.
A minimum number of securities for which a market maker is obliged to offer firm two-way prices.
The NMS differs according to the particular security, being greater for more heavily traded ones.
Normal Market Size.
A minimum number of securities for which a market maker is obliged to offer firm two-way prices.
The NMS differs according to the particular security, being greater for more heavily traded ones.