Nine-Bond Rule
Nine-Bond Rule is a NYSE rule, which requires that every order for nine or less bonds have to be sent on the floor in order to seek the market. This rule gives the best possible price for individual investors.
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Nine-Bond Rule is a NYSE rule, which requires that every order for nine or less bonds have to be sent on the floor in order to seek the market. This rule gives the best possible price for individual investors.
| Related Terms: |