Series 53: New Issue Information Dissemination Service (NIIDS)

Taken from our Series 53 - MSRB Municipal Securities Principal Qualification Exam

Definition of the term New Issue Information Dissemination Service (NIIDS)...

an electronic system, operated by the Depository Trust and Clearing Corporation (DTCC), that accepts new issue information and distributes it to vendors, dealers, and other market participants.

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