NASDAQ (electronically trades stocks) The share volume is greater than the American Stock Exchange. It's divided into two markets. The National Market System (NMS) shares are quoted in many financial newspapers and major general circulation newspapers. There is the Small Capital (Small Cap) Market. To list your company on the Small Cap Market, you must have assets of $4 million, net worth of $2 million, Bid price of $3.00+, a float over 100,000 shares, seven market makers, and over 500 shareholders. Usually, the first stock exchange beyond the OTC/Bulletin Board Market is NASDAQ. Companies with smaller asset size not qualifying for listing on the large exchanges would have their securities quoted on NASDAQ. "Market makers" supply bid and offer prices for the securities quoted.
Welcome to our Legal Directory Legal & Compliance, LLC is a national corporate and securities law firm that focuses on the specific needs of OTCBB and Bulletin Board Companies. Focus areas include but are not limited to: Contact us immediately for a complimentary initial consultation. Laura Anthony, Founding Partner
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