Blue Sheets Definition

Blue Sheets Definition

What Are Blue Sheets? Blue sheets are formal requests for information sent out by the Securities and Exchange Commission (SEC) to market makers, broker-dealers, and/or clearinghouses. Blue sheets ask for information related to specific securities or transactions—especially those that may have affected the price of the security. Blue sheets are often requested in order to

Board Broker Definition

Board Broker Definition

What Is a Board Broker? A board broker is a member of a commodity or options exchange who is responsible for matching and executing orders as well as providing various market-making services. Board brokers occupy a similar role as the specialists employed by stock exchanges such as the New York Stock Exchange (NYSE). How Board

Board Lot Definition

Board Lot Definition

What Is a Board Lot? A board lot is a standardized number of shares defined by a stock exchange as a trading unit. In most cases, this means 100 shares. A board lot is what the exchange determines to be a round lot. The purpose of a board lot is to minimize trading “odd lots”