MINIMUM QUOTE SIZE REQUIREMENT Definition

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MINIMUM QUOTE SIZE REQUIREMENT, NASD Rule 6650, is the minimum size at which a market maker is permitted to display bid or offers in the BBX. The minimum size required depends on the price of the stock. For example, all quotes on the OTCBB priced under $0.50 have a minimum quote size of 5,000 shares.

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LIMIT TEST is a computer program step that compares data with predetermined limits as a reasonableness test, e.g. number of hours worked over 40 per week.

CURRENT MATURITIES-L/T/D is that portion of long term obligations which is due within the next fiscal year.

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