Best Bid definition

Best Bid means the highest posted bid price of the Common Stock.

Best Bid means the lowest posted bid price of the Common Stock during a given period of time.

Best Bid means the lowest responsive, responsible bid.

Examples of Best Bid in a sentence

• Futures, options on futures and swap contracts that are listed or traded on a national securities exchange, commodities exchange, contract market or over-the-counter markets and are freely transferable will be valued at the composite price, using the National Best Bid and Offer quotes (“NBBO”).

• If there is sufficient size on the Exchange and on away markets on the opposite side of the market from the imbalance to execute all opening marketable interest at a price that is within the established EQR and the Away Best Bid or Offer (“ABBO”) without leaving an imbalance, the System will open the affected series for trading at that price by executing opening marketable interest on the System, as long as the System does not trade at a price inferior to the ABBO.

• The order protection rule eliminated the possibility of orders being executed at a suboptimal price compared to orders advertised on exchanges and it established the National Best Bid and Offer (NBBO) requirement that mandates brokers to route orders to venues that offer the best displayed price.

• The Purchase Price for the Common Stock identified in the Put Notice shall be equal to ninety-three percent (93%) of the lowest closing Best Bid price of the Common Stock during the Pricing Period.

• The “National Best Bid and Offer” is the current national best bid and national best offer as disseminated by the Consolidated Quotation System or UTP Plan Securities Information Processor.

More Definitions of Best Bid

Best Bid means the highest quoted bid for the Company's common shares among all competing market makers.

Best Bid means the highest price at which a person was willing to buy the bond; “Best Offer” means the lowest price at which a person was willing to sell the bond; “BTP” means Italian Government Bonds, Buoni del Tesoro Poliannuali;

Best Bid means the highest price at which a person was willing to buy the security;

Best Bid is defined in Section 8.4(b).

Best Bid means the bid submitted with the best buy (sell) price.

Best Bid means the highest posted bid price of the Common Stock. "By-laws" shall have the meaning specified in Section 4(c).

Best Bid means the evaluation of the overall bid considering the quality, price, various elements of the required goods or services, and the responsiveness and responsibility of the bidder.