NOCP stats slides 2

not for NASDAQ’s most active issues. • The NOCP differed from the last sale for only 7.6% of all NASDAQ issues, but for more than 58% of NASDAQ-100 and S&P 500 issues. • Since only 2.5% of NOCPs are normalized, the majority of the differences result from throwing out trades reported well after 4 p.m. ................
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