Series 24: Alternative Display Facility (ADF)

Taken from our Series 24 Online Guide

Alternative Display Facility (ADF)

FINRA operates the Alternative Display Facility (ADF) as a display-only facility that allows market makers and unlinked ECNs to display their quotes, best bid, and offer and trade reports on Nasdaq. All member firms that participate in the ADF are provided the ability to view quotations and report

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