OTCBB Glossary - I

A  B  C  D  E  F  H  I  L  M  O  P  S  T 

Indication of Interest

Non-firm expressions of trading interest that contain one or more of the following elements: security name, side, size, capacity and/or price.

Ineligible Security

Securities not eligible to be quoted on the OTCBB. A Form 211 (PDF 66 KB) and two copies of the issuer's information must be filed with the FINRA OTC Compliance Unit no less than three business days prior to the publication on the OTCBB in order to obtain clearance that would grant the security OTCBB-eligible status.

Inside Market

The highest bid and the lowest ask (offer) among all Market Makers competing in a security; the best bid and ask prices for a security (see also "Best Bid" and "Best Ask").