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What is the National Best Bid and Offer (NBBO)?

April 26, 2017best bid National nbbo Offer

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What is the National Best Bid and Offer (NBBO)?

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↑Top The National Best Bid and Offer (NBBO) is the highest price an investor is willing to pay for a specific security (Best Bid) and the lowest price an investor is willing to sell a security (Best Offer). In the OTC market, the NBBO is calculated by ranking market maker quotes entered into the Pink Quote system or in the case or ‘Dually Quoted’ securities ranking quotes across Pink Quote and the OTCBB. For OTCBB only securities, the NBBO is calculated using only those quotations entered into the OTCBB system.