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

National Market Advisory Board  

Definition 1.

Group that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national exchange, but that preserves the regional exchanges.
 

Definition 2.

The board that advises the SEC on creating a national exchange market system. Such a system would have automated continuous auctions and would work with, rather than replace, the existing regional exchange system.
 
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