A quote that reports best terms available for trades at the national level- i.e., the highest bid price and lowest...

The mid-point of the national best bid and offer (NBBO); an order pegged to the NBBO mid-point (pegged-to-mid-point order) allows...

The midpoint of the national best bid and offer (NBBO); an order pegged to the NBBO midpoint (pegged-to-midpoint order) allows...

A quote that reports best terms available for trades at the national level- i.e., the highest bid price and lowest...

It stands for national best bid and offer; a quote that reports best terms available for trades at the national...