Series 24: Straddle State

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Straddle State...

when the NBBO for a security is outside of that security’s price band, which is set at a percentage above and below the security’s reference price. When this occurs, the exchange on which the security trades can choose to implement a halt at its discretion.

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Series 24: Straddle State

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Straddle State...

Since you're reading about Series 24: Straddle State, you might also be interested in:

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