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Investing Glossary:
Off-board
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| Used for listed Equity securities. Transacted Away from a national securities Exchange even though the Stock itself is listed, such as On the NYSE, and instead of on the OTC market, a regional exchange, or in the third or fourth markets (between customers directly). After 9:30 a.m., if the stock has not opened due to the exchange`s discretion, Trading can occur elsewhere, but the trader must assume the role of a quasi-specialist in the process.
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