NASDAQ subscriber levels
A)permit those with the highest level,3,to "make a market" in the security.
B)permit those with a level 2 subscription to receive all bid and ask quotes,but not to enter their own quotes.
C)permit level 1 subscribers to receive general information about prices.
D)include all OTC stocks.
E)A,B,and C.

Question

Quizplus · Accepted Answer

All three options are correctly described in the answer choices. Level 3 subscribers are able to make a market in the security, level 2 subscribers can receive bid and ask quotes but cannot enter their own, and level 1 subscribers receive general information about prices. Additionally, the NASDAQ includes more than just OTC stocks, so option D is not correct. Therefore, the best choice is E, which includes all three accurate statements.

NASDAQ Subscriber Levels