Definition 1.
A proposed service of The Nasdaq Stock Market that provides investors with market-wide price protection of their limit orders, the opportunity to obtain price improvement in buying and selling Nasdaq stocks, and increased access to Nasdaq. Nasdaq Primary Retail Order View and Execution System (N*Prove) is a similar system that NASD approved, but was rejected by the Securities and Exchange System. (See limit order, Small Order Execution System)
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