NMS Security definition

NMS Security means any security or class of securities for which transaction reports are collected, processed, and made available pursuant to an effective transaction reporting plan, or an effective national market system plan for reporting transactions in Listed Options.
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NMS Security shall have the meaning provided to it at Securities Exchange Act Rule 600(b)(46).
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NMS Security shall have the same definition as in Rule 600(b)(46) of Regulation NMS under the Securities Exchange Act, which for the avoidance of doubt includes both equity securities for which transaction reports are collected, processed and made available pursuant to an effective transaction reporting plan, and Options.
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Examples of NMS Security in a sentence

  • In the case of a dividend paid on, or a redemption of, an NMS Security, the dividend or redemption proceeds will be passed along to the Customer Account in proportion to Customer’s ownership interest, inclusive of Fractional Share interests.

Related to NMS Security

  • Worthless security means a security whose cost of liquidation and delivery to the administrator would exceed the value of the security on the date a report is due under this chapter.

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.