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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Last-Sale Reporting  

Definition 1.

An electronic entry, to the Nasdaq Stock Market, of the amount and price of shares involved in a transaction's not less than a board lot.
 

Definition 2.

The electronic notification by a market maker to NASD of the price and number of shares involved in a transaction in a Nasdaq security. This notification must be made within 90 seconds of the order's execution.
 

Definition 3.

The electronic notification by a Market Maker to The Nasdaq Stock Market of the price and the number of shares involved in a transaction in a Nasdaq security. The notification must be made within 90 seconds of the execution of an order.
 
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