European Economic Area and Exchange Market Size: Difference between pages
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''Stock exchange - brokers - firm quotes.'' | |||
(EMS). | |||
Exchange Market Size relates to the quotations provided by brokers on an exchange. | |||
It is a maximum deal size at which the broker is obliged to transact, at the price the broker is quoting. | |||
For equities, the EMS is determined as a rounded number of equity shares - for example 50,000 shares. | |||
If the client wants to trade a larger number of shares, the broker may decline to transact, or change their quote. | |||
The larger the market capitalisation of a stock, the larger the EMS. | |||
The EMS was formerly known as the ''Normal'' Market Size (''NMS''). | |||
== See also == | == See also == | ||
* [[ | * [[Alternative Investment Market]] (AIM) | ||
* [[ | * [[Broker]] | ||
* [[ | * [[Listing]] | ||
* [[ | * [[London Stock Exchange]] | ||
* [[ | * [[Main Market]] | ||
* [[Market capitalisation]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Financial_products_and_markets]] |
Revision as of 19:53, 2 July 2021
Stock exchange - brokers - firm quotes.
(EMS).
Exchange Market Size relates to the quotations provided by brokers on an exchange.
It is a maximum deal size at which the broker is obliged to transact, at the price the broker is quoting.
For equities, the EMS is determined as a rounded number of equity shares - for example 50,000 shares.
If the client wants to trade a larger number of shares, the broker may decline to transact, or change their quote.
The larger the market capitalisation of a stock, the larger the EMS.
The EMS was formerly known as the Normal Market Size (NMS).